Latest
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Tax Day 2017: Charts to Explain Our Tax System
Read moreTo commemorate Tax Day, CRFB and our partners at Fix the Debt have released our annual chartbook on federal taxes. It outlines who pays taxes, what...
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Tax Day is a Reminder of the Need for Comprehensive Tax Reform
Read moreFor Immediate Release In light of today’s deadline for filing federal income tax returns, Maya MacGuineas, president of the Committee for a...
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CBO Economic Forecast Sees Major Headwinds Facing Growth
Read morePredicting what the economy will look like over the next 30 years is no easy task, but the assumptions in the Congressional Budget Office’s (CBO) Long...
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Where Tax Dollars Went Last Year
Read moreIn honor of Tax Day tomorrow, we've published our annual Taxpayer Receipt, which gives a line-by-line breakdown of where tax dollars go. For example...
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You Can't Pay for Tax Reform with Health Reform
Read moreIn an interview yesterday on the Fox Business Network, President Trump described how it is better to do health care reform before tax reform because...
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Senator Flake Releases "Tax Rackets" Oversight Report
Read moreWith Tax Day approaching on April 18 and Congress considering tax reform, Senator Jeff Flake (R-AZ) has released an oversight report, Tax Rackets...
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Looming Debt Limit Debate Offers Opportunity for Meaningful Reform
Read moreThe debt limit was quietly reinstated on March 16. The budget deal in November 2015 suspended the debt limit through March 15, 2017, and reinstated...
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How High Will Debt Rise If Current Policy Continues?
Read moreThe Congressional Budget Office's (CBO) 2017 Long-Term Budget Outlook shows today's high debt will nearly double as a share of Gross Domestic Product...
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Johnson and Larson Show Two Ways to Fix Social Security
Read moreYesterday, House Ways and Means Social Security Subcommittee Ranking Member John Larson (D-CT) introduced a Social Security reform bill. About four...
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Fund the Government Before Shutdown – Without Gimmicks
Read moreThe government is currently being funded by a continuing resolution that expires on April 28, 2017. The following is a statement from Maya MacGuineas...
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Rudolph Penner: Washington’s New Definition Of Budget Success
Read moreDr. Rudolph Penner was the director of the Congressional Budget Office from 1983 to 1987, and he is an Institute Fellow at the Urban Institute and a...
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TRUSTGO: To Fix the Debt, Start By Making Trust Funds Solvent
Read moreLast week, we showed that today's post-war era record-high debt is slated to double as a share of the economy over the next three decades, while four...