Popular Topics

Budget & Fiscal

November 23, 2015

How Jeb Bush Reformed Medicaid - Alan Levine, RealClearPolicy

What if, knowing the biggest federal entitlement program in his state — Medicaid — was broken, a governor decided to challenge the status quo and do something about it? What if...

November 20, 2015

Simple Truths on Social Security - Andrew Biggs, US News & World Report

Social Security is the biggest program of the federal government, bigger than Medicare, Medicaid or the Pentagon. Social Security's 12.4 percent payroll tax is also the biggest tax...

November 18, 2015

Govs See the Benefits of Medicaid Expansion - Jesse Cross-Call, RCPolicy

In the two years since health reform's major coverage provisions took effect, a clear divide has opened between states that have expanded Medicaid and those that have not. Expansio...

November 18, 2015

Long Lives Are Bad for Social Security - Josh Barro, New York Times

I wrote last week about rising life expectancy: Children born today will most likely live on average to their late 80s, well above the current average life expectancy of ...

November 18, 2015

Flat Consumption Tax: Fair and Efficient - Curtis S. DuBay, Heritage

Congress has the power to design a tax system to fund the necessary functions of government. It also has a responsibility to design a tax system that is fair and efficient. A flat ...

November 16, 2015

What's in Store for Part B Prices - Juliette Cubanski & Tricia Neuman, KFF

On November 10, 2015, the Centers for Medicare & Medicaid Services (CMS) announced the 2016 Medicare Part B monthly premium and annual deductible amounts of $121.80 and $166, r...

Most Recent Articles

November 14, 2015

The Evolution of Federal Budget Rules - Calcagno & Lopez, Mercatus Center

Most discussion of federal government deficits and debt focuses on recent decades and formal budget rules, such as the debt ceiling, sequestration, and balanced budget amendments. ...

November 14, 2015

The Tax Code Can't Be Three Pages - Josh Barro, New York Times

All the Republican presidential candidates say they want to make the tax code simpler. But no candidate has been more aggressive about simplicity than Carly Fiorina, who says ...

November 13, 2015

Predicting the Top of the Laffer Curve - Badel & Huggett, St. Louis Fed

We provide a formula for the tax rate at the top of the Laffer curve as a function of three elasticities. Our formula applies to static models and to steady states of dynamic model...

November 13, 2015

The Effect of State Taxes on Charitable Giving - Freeland et al., ALEC

According to the new report, The Effect of State Taxes on Charitable Giving the following states donated the most to charity as a percent of total income between 1997 and...

November 13, 2015

Republican Tax Fantasies - Steve Chapman, Chicago Tribune

The Republican presidential candidates have not rallied behind Ben Carson in his clash with the news media, but they should be grateful to him. His misrepresentation of reality on ...

November 12, 2015

GOPers Talk Tax Cuts, Mum on Budgetary Impact - Andy Sullivan, Reuters

Republican presidential candidates talked up aggressive tax-cut plans on Tuesday night but offered few details about how they would avoid plunging the nation deeper into debt from ...

November 11, 2015

'Medicare Works!' Or Does It? - Michael Tanner, National Review

hat’s with all the newfound love for Medicare?...

November 11, 2015

Two Cheers For the Recent Budget Deal - Ron Haskins, RealClearMarkets

A fair assessment of the budget deal signed by President Obama last week would allow for only at most two cheers. Its biggest achievement is raising the debt limit by enough to las...

November 10, 2015

Why Give Married People Tax Breaks? - Erez Aloni, The Guardian

Marriage can help reduce economic inequality when it serves as a vehicle for people to cross class boundaries. But if wealth marries wealth, as it often does, it serves as a mechan...

November 10, 2015

Tax Cut Fairness: Numbers vs. Percentages - Matthew Yglesias, Vox

There is at least one thing that all the Republicans running for president agree on: Americans are paying more taxes than they should, and this is especially true of the richest Am...

November 10, 2015

The Major Candidate Tax Proposals - Tax Policy Center

November 9, 2015

Jeb Bush's Plan to Reform Medicare - John R. Graham, RealClearPolicy

Jeb Bush's Medicare reform contains two proposals — premium support and Health Savings Accounts — that will have a significant, positive effect on seniors' access to ca...

November 7, 2015

Five Gimmicks Only Budget Wonks Know - CRFB

The Bipartisan Budget Act of 2015, signed into law earlier this week, is fully offset over the next ten years, according to the scoring conventions of the Congressional Budget Offi...

November 7, 2015

Budget Deal vs. Crime Victims - Katie Ray-Jones, Domestic Violence Hotline

Earlier this week, President Obama signed the Bipartisan Budget Act of 2015. While this means that a partial government shutdown can be avoided, other shutdowns may be inevitable. ...

November 7, 2015

Medicaid Expansion: Bad Bet for States - Everton & Hudson, WSJ

Advocates in Washington of the Affordable Care Act have been fighting tooth and nail to preserve the president’s signature health-care law—and they’re fighting ev...

November 6, 2015

Social Security's Unfair Spousal Benefits - Eugene Steuerle, PBS NewsHour

The budget compromise forged by Congress and the Obama administration at the end of last month makes two fundamental changes in Social Security. First, it denies a worker...

November 5, 2015

Social Security Reform: A Conservative Plan - Andrew G. Biggs, NR

Social Security’s financial health has deteriorated significantly over the past eight years, with multi-trillion-dollar funding shortfalls posing a threat to retirees and tax...

November 4, 2015

Republicans' Talk of Taxes Leaves Much Unsaid - Josh Barro, NYT

The Republican presidential candidates talked a lot about their tax plans at last week’s debate, but most of the conversation was not very illuminating. Here are some details...

November 4, 2015

Rubio's Tax Plan and the 1 Percent - Citizens for Tax Justice

A new Citizens for Tax Justice analysis of Marco Rubio’s tax plan reveals that it would add $11.8 trillion to the national debt over a decade. More than a third of Rubio&rsqu...

November 2, 2015

Tax Plans, Spending, and Eyeglasses - Jared Bernstein, On the Economy

The lead editorials in both the WaPo and the NYT today riffed off of some points I made here a few weeks ago, points that have become more germane as ...

November 2, 2015

Paying the Price for Tax Cuts - Llewellyn King, InsideSources

Those Republican presidential candidates who had been governors vied with one another in their latest debate to claim who had cut taxes the most....

October 31, 2015

The Battle of the Budget Isn't Over - David Dayen, American Prospect

Even seasoned observers of Washington seem to have come away from this week’s events thinking that we’ve seen the last of the brinksmanship that has defined the last si...

October 31, 2015

Social Security Uses the Wrong Inflation Measure - Honda & Fiesta, Hill

For only the third time in 40 years, the Social Security Administration (SSA) announced this month that there will be no cost-of-living-adjustments (COLAs) for seniors in 2016. How...

October 31, 2015

Analysis of Ted Cruz's Tax Plan - Pomerleau & Schuyler, Tax Foundation

Senator Cruz’s (R-TX) tax plan would enact a 10 percent flat tax on individual income and replace the corporate income tax and all payroll taxes with a 16 percent “Business Tra...

October 30, 2015

Five Things to Know About the Budget Deal - Molly E. Reynolds, Brookings

On Monday night, the White House and congressional negotiators released a tentative budget agreement that would "clean the barns" before outgoing Speaker John Boehner (R-OH) leaves...

October 30, 2015

The Budget Deal and Your Pension Plan - Suzanne Woolley, Bloomberg

The federal budget deal could speed the long, lingering death of old-fashioned defined-benefit pension plans, in which employers reward years of service by providing...

October 30, 2015

Jeb Bush's Tax Cut for the 1 Percent - Citizens for Tax Justice

A Citizens for Tax Justice analysis of Jeb Bush’s tax plan reveals that it would cut taxes by $7.1 trillion[i] over a decade, and it would give almost half of its tax cuts to...

October 30, 2015

The Case for More Tax Brackets - Jeff Spross, The Week

These days, it's not long before any discussion of tax policy gets into simplifying the tax code. And on the Republican side, it's not long before discussions of simplification vee...

October 30, 2015

Understanding Ted Cruz's Business Tax - Alan Cole, Tax Foundation

Senator Ted Cruz of Texas has proposed a tax plan that involves a rather unusual tax not currently seen in the United States. I’m pre-emptively writing this post to...

October 29, 2015

Guiding Principles for Tax Reform - Citizens for Tax Justice

There is widespread agreement in the halls of Congress and among the American people that the U.S. tax system desperately needs reform. Yet some proposed federal tax changes defy w...

October 29, 2015

Marco Rubio's $6 Trillion Problem - Ramesh Ponnuru, Bloomberg View

Senator Marco Rubio had a tax-reform plan that made him stand out from the Republican pack this primary season. He has apparently concluded that he stood out too far. The revi...

October 29, 2015

Tax Plans: Comparing the Candidates - Tax Foundation

With so many presidential candidates releasing tax plans, it can be hard to keep track of who wants what. To that end, we've put together a few printable charts summarizing the det...

October 28, 2015

The Bipartisan Budget Act, Scored - Congressional Budget Office

Estimate of Budgetary Effects of the Bipartisan Budget Act of 2015, as posted on the website of the House Committee on Rules on October 27, 2015, at 9:51 AM (Version f:\VHLC\102715...

October 28, 2015

The Budget Deal Truly Offsets Only Half Its Cost - CRFB

Lawmakers are currently considering a budget deal that would increase appropriated spending, suspend the debt limit until March 2017, reallocate revenue to the Social Sec...

October 28, 2015

Budget Deal: Small Victory for Bipartisanship - Editorial Board, Wash Post

October 28, 2015

Taxing the Rich Can Reduce Inequality - Henry J. Aaron, Brookings

Two recently posted papers by Brookings colleagues purport to show that “even a large increase in the top marginal rate would barely reduce inequality.”[1]  This c...

October 27, 2015

Tax Cuts Are Free Stuff Too - Paula Dwyer, Bloomberg View

Let's talk about free stuff. Republican presidential candidates are against it. They accuse Democrats of bribing voters with it. And when they debate taxes, deficits, debt and othe...

October 26, 2015

A Guide to the Top Budget Gimmicks - Danny Vinik, Politico

When Congress was negotiating an 11th hour budget deal last December, it faced a big challenge: how to keep agencies funded while staying within its budget caps. To do so, law...

October 26, 2015

Raising Revenue Should Be a Priority - Frank Clemente, A. for Tax Fairness

Budgets are made up of spending and revenue. But budget negotiators in Washington are talking only about what spending to cut, not what revenue to raise -- even though there are ga...

October 24, 2015

Social Security Punishes Working Women - Max Ehrenfreund, Wash Post

Most people think Social Security operates on a simple principle. While you work, you pay taxes. The more you pay, the fatter the checks you cash once your retire....

October 24, 2015

Tenn. Has the Most Regressive Tax System - Alana Semuels, The Atlantic

The federal tax system is, on the whole, progressive. Higher-income households pay a higher share of their income in taxes. But some states have done all they can to reverse t...

October 23, 2015

How to Protect Social Security - Teresa Ghilarducci, The Atlantic

In the Democratic debate in Las Vegas last week, presidential candidate Hillary Clinton was asked by CNN’s Dana Bash whether she supported Bernie Sanders’s plan to expa...

October 23, 2015

S&P 100 Tax Rate Report - WalletHub

Concerns over the proper role of taxation lie at the very foundation of American history. They haven’t gone away, either. In fact, matters of tax reform have so far played a ...

October 21, 2015

Tax the Areas Where Sea Levels Will Rise - Glenn Reynolds, USA Today

It’s already too late to stop global warming, say scientists. No matter what we do, sea levels willrise. Some climate activists have even released an inte...

March 23, 2012

How Ryan Sold His Plan

March 23, 2012

Boehner: House Will Pass Budget

March 22, 2012

Plan Squeaks By Committee

March 22, 2012

President Slams Ryan's Budget

March 21, 2012

The Budget Wars Are Back

March 21, 2012

Ryan Plan Doesn't Go Far Enough for Some Conservatives

March 20, 2012


March 20, 2012

Plan Would Slash Taxes

March 20, 2012

GOP Wants to Play Up Tax Reofrm

March 20, 2012

A Sharp Contrast With Obama