The next President will face significant fiscal challenges upon taking office, including record debt levels, large structural ...
Under these illustrative scenarios, no taxes on overtime would reduce revenue by $250 billion to $1.4 trillion on a static ...
The federal debt is nearly the size of the economy, and deficits are expected to exceed $1 trillion almost every year going forward. In order to help policymakers offset the cost of new spending ...
Members of the Bipartisan Fiscal Forum (BFF) spoke yesterday on the House of Representatives floor to highlight the danger ...
The letter follows a growing chorus of calls on the need to address rising debt and deficits and can be found here.
Below are some highlights from our 2024 Budget Bash. From left to right: Committee co-chair Mitch Daniels, former ...
Recently revised data from the Bureau of Economic Analysis shows that Gross Domestic Product is about 1.3 percent larger than previously reported and has been somewhat larger than previously believed ...
The Committee’s Board comprises some of the nation's leading budget experts, including many past heads of the House and Senate Budget Committees, the Congressional Budget Office, the Office of ...
Currently, the federal government generally relies on the Consumer Price Index (CPI) to index provisions of the budget and tax code to account for cost-of-living changes. However, this measure ...
One gimmicky temptation will be to pull a bait-and-switch with budget baselines and pretend that tax cuts should be scored against a “current policy baseline” – a baseline that assumes the policies ...
The United States has the highest corporate tax rate in the developed world, with little revenue collection to show for it. There is a growing consensus among lawmakers, economists, and business ...