Fiscal Cliff

Yesterday the Senate voted on two highly polarized tax plans, with a Democratic version passing 51-48 while the Republican supported bill failing to...

Federal Reserve Chairman Ben Bernanke addressed Senate Finance Committee on Tuesday and the House Finance Committee yesterday with more warnings about...

After the report we released in March, the topic of the fiscal cliff has risen in prominence as CBO and others have attempted to estimate the size of...

In evaluating the fiscal cliff, it is interesting to see how it compares to past cases where the federal government has rapidly reduced deficits. The...

Today on the Brookings Institution website, CRFB co-chair and former Congressman Bill Frenzel (R-MN) wrote an op-ed about the looming fiscal cliff. In...

Erskine Bowles and Alan Simpson appeared alongside Warren Buffett on CNBC's Squawk Box this morning, discussing the need for Congress to pass a...

The defense portion of the sequester that will hit on January 2 of next year has garnered a lot of attention, but it is not the only part of the...

In a press release today, CRFB examines President Obama's announcement that he will push Congress for one year extension of the 2001/2003/2010 tax...

A few members of Congress are now proposing House-Senate working groups to try and negotiate a compromise that would avoid the squester. From The Hill...

This week the OECD released its biennial Economic Surveys on the United States, with the organization's economic recommendations for policymakers. The...

It's no secret that Congress hasn't been making the IRS's life very easy. In a time of discretionary spending caps, they are looking to reduce the...

According to CNN, the White House has floated a plan to deal with the fiscal cliff, one which would turn off a few provisions temporarily. Their plan...