Economics

Since the 2016 Presidential campaign began, a number of candidates have touted tax reform – either overhauling or replacing the current income tax –...

CBO’s latest budget baseline projects ten-year deficit numbers to be slightly smaller than previously estimated, despite the passage of legislation...

Mitch Daniels is the president of Purdue University, a former governor of Indiana, a former director of the Office of Management and Budget, and a co...

One of the most common myths about the national debt is that we can increase it without consequence. Some argue that because the United States borrows...

Suggesting that the U.S. can grow our way out of debt – increasing economic growth to stabilize or shrink debt as a share of GDP – is a popular idea...

The next President will need to confront a number of budgetary challenges and will likely sign into law many federal tax and spending changes. But...

Some policymakers and commentators have conflated calls for deficit reduction with calls for austerity. It is true that some countries have enacted...

As the 2016 election officially kicks off with the first Republican presidential primary debates in Cleveland tonight, our friends over at Fix the...

One common argument against increasing tax revenue is that it requires raising marginal tax rates, which could severely damage economic growth by...

Maya MacGuineas, president of the Committee for a Responsible Federal Budget, and Mr. Sandy Cutler, chairman and CEO of Eaton Corp., wrote a...

Charlie Stenholm is a former member of Congress from Texas and is a member of the Committee for a Responsible Federal Budget. He wrote a commentary...

The Greek saga took another turn last week as the second bailout from the Eurozone countries approved in 2012 expired on June 30, leading to Greece...