Taxes

Update 12/17: The House approved of the tax cut package late Thursday on a 277-148 vote. The bill now goes to the White House for the president's...

Update: The Senate passed the tax cut legislation on a 81-19 vote. It now moves to the House, which may act Wednesday or Thursday. With the Senate...

The Senate is poised to pass a tax cut package that will add over $850 billion to our deficit. Meanwhile, a pork-laden $1.108 trillion omnibus...

With the Senate getting past a procedural vote in approving the tax deal, it appears more and more likely that this deal will soon become law. With...

In her latest commentary on CNN Money, CRFB President Maya MacGuineas discusses the challenges ahead with the recent deal on tax cuts and how...

Washington Drops the Ball – To many federal budget watchers, the tax cut debate has been more frustrating than watching the Redskins play. The...

Update: The White House recently stated that the tax cut deal would create or save 2.2 million jobs, which would bring the budgetary cost to $390,000...

Markets this week have been dominated by the White House announcement of a fiscal package deal with Republican Congressional leaders that would add...

The Senate began debate late Thursday on the tax cut compromise hammered out by some lawmakers and President Obama. The debate began even as House...

CRFB Board Member, Gene Steuerle, is co-author with Robert Friedman of a recent op-ed which discusses how to prioritize tax breaks to encourage...

Financial markets have reacted to the new tax cut deal between the White House and Congressional leaders which would add some $800-900 billion to our...

It appears that President Obama and Republican lawmakers have reached a deal to extend the tax cuts enacted from 2001 to 2003. Part of the deal...