Blog posts

A last-minute Republican plan to extend certain tax breaks and create some new ones appears to face dim prospects this month.

A bipartisan commission recently released a report filled with alarming language about

“I think that there has been a little bit of shock and awe among the fiscal policy community, reacting to the fact that this big tax cut passed,” said Diane Lim, a principal at

“We could be facing an even more tense face-off between the two parties on spending and taxes” as the result of the recent congressional elections, says

Amid bipartisan frustration over the federal budget process, Congress early this year created a special committee t

Having entered the White House in the midst of the Great Recession, then President Obama spent much of his time in office trying to deal with the weakened economy.

Returning to Washington this week, Congress and President Trump face a pile of leftover budget work that they should try to complete with a greater sense of fiscal responsibility than the

Politicians do not want to address the nation’s debt issues because that would require both tax increases and reductions in spending on entitlement programs, said David Cote, former CEO o

Congressional candidates have said little, if anything, about the federal government’s deteriorating finances.

“Clinton came into the White House acknowledging that the deficit was a problem and that it was necessary to be a little more disciplined about tax cuts and spending going forward in his