Taxes

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OECD: U.S. Has the Highest Deficit

The United States had the highest deficit in 2018 among Organisation for Economic Co-operation and Development (OECD) countries...
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Budget Offsets Bank

The federal debt is at a post-war record high, deficits are set to exceed the trillion-dollar mark this year, and new initiatives are being proposed...
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Upcoming Congressional Fiscal Policy Deadlines

Updated 12/13/2019: Congress did not complete action on appropriations before the end of the fiscal year on Sept. 30, although lawmakers enacted...
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Dec 11, 2019 | Blog Paper Press Release | Taxes

Wall Street Journal Editorial Board Takes on Temporary Tax Breaks

The Wall Street Journal editorial board wrote an opinion piece today decrying special interest tax subsidies that may be added to a year-end...
Nov 18, 2019 | Blog Paper Press Release | Taxes

2020 Federal Tax Brackets Are Here

The Internal Revenue Service (IRS) has released its tax year 2020 inflation adjustments for more than 60 federal tax provisions. To make these...
Oct 28, 2019 | Blog Paper Press Release | Taxes

Marc Goldwein & Tyler Evilsizer: Moving from a debt-busting tax cut to pro-growth tax reform

Marc Goldwein is the senior vice president and senior policy director at the Committee for a Responsible Federal Budget. Tyler Evilsizer is the...
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Oct 23, 2019 | Blog Paper Press Release | Taxes

Policymakers Should Reject Efforts to Weaken SALT Cap

For Immediate Release The Senate is voting this afternoon to reopen state workarounds on the limits on the State and Local Tax (SALT) deduction...
Maya MacGuineas
Oct 22, 2019 | Blog Paper Press Release | Taxes

Maya MacGuineas: The Tax Cuts and Jobs Act Made the Debt Worse and Makes Fixing It Even Harder

Maya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote a...
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Would Medicare for All Require a Middle-Class Tax Hike?

With several 2020 presidential candidates endorsing a move to single-payer health care (Medicare for All), there is an ongoing debate over whether...
Oct 1, 2019 | Blog Paper Press Release | Taxes

Kamala Harris's LIFT the Middle Class Act

This is the second policy explainer in our US Budget Watch 2020 series covering the 2020 presidential election. In the coming weeks and months, we...

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