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Line Items: Golden Globes Edition
Read moreGolden Moment – The Golden Globe Awards were held over the weekend. Many view the awards as a prelude to the Academy Awards, although the Golden...
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Ross Gets Specific on Tax Reform
Read moreYesterday, Rep. Dennis A. Ross (R-FL) introduced H.R. 243, otherwise cited as the Bowles-Simpson Plan of Lowering America's Debt (BOLD) Act, a bill...
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Fitch Calls for Credible Medium Term Deficit Reduction Plan
Read moreFollowing the enactment of the American Tax Relief Act a few weeks ago, two top credit rating agencies--Moody's and Standard & Poor's-- announced a...
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Putting the Debt on a Downward Path
Read moreYesterday, President Obama suggested we need about $1.5 trillion in deficit reduction on top of what has been enacted so far, a claim which matches a...
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MY VIEW: Maya MacGuineas January 2013
Read moreCRFB President Maya MacGuineas has an idea for the debt ceiling: instead of gaming out a potential default (which would be disasterous) or using some...
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Op-Ed: Proposing the Unprecedented to Avoid Default
Read moreNew York Times | January 14, 2013 The elbow room the government has given itself on the debt ceiling is quickly approaching, and there are a numbers...
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The Concord Coalition Calls for Reform of the Debt Limit
Read moreWith the Treasury Department undertaking extraordinary measures to avoid a potential default, the Concord Coalition is calling for both raising and...
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Federal Reserve Makes $88.9 Billion in Profit
Read moreYesterday, the Federal Reserve announced in a preliminary estimate that it had made a profit in 2012 and transferred $88.9 billion to the Treasury...
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IRS Taxpayer Advocate Report Shows the Need for Tax Reform
Read moreThe complexity of our tax code has many advocates making the case for tax reform as we head toward the second round of fiscal negotiations. In a...
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The Commonwealth Fund's Plan to Tackle Health Spending
Read moreEarlier this week, we discussed the recent slowdown of National Health Expenditures (NHE) and how, while promising, it may not last. That means more...
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The Debt Limit Then And Now
Read moreDonald Marron points out, via an old "West Wing" clip, how raising the debt limit used to be seen. Of course, contrast that to now, when we see...
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CBO's "Options for Taxing Multinational Corporations"
Read moreYesterday, CBO put out a new report on the system for taxing U.S. multinational corporations, a somewhat complex but important topic when it comes to...