Blogs

Despite considerable congressional interest in eliminating many of the tax breaks that favor some individuals over others, a new report by the Congressional Research Service (CRS) warns of a number of complexities in attempting to broaden the tax base.“In a…

House lawmakers this week are considering the 2013 budget proposed by Rep. Paul Ryan (R-Wis.) as well as alternatives that were put forth yesterday by House Democrats, the Republican Study Committee, the Congressional Black Caucus, the Congressional Progressive Caucus and…

The Congressional Research Service (CRS) has released a new report by Jane Gravelle and Thomas Hungerford called “The Challenge of Individual Income Tax Reform: An Economic Analysis of Tax Base Broadening.” In a nutshell, the report could be called “Base…

Is the 2010 health care legislation now projected to cost substantially more than previously estimated? No, but as Concord Coalition Policy Director Joshua Gordon explains in a new blog posting, there has been considerable confusion on the subject.The cost estimates…

The Congressional Budget Office (CBO) estimates that under President Obama’s proposed budget for 2013 deficits would drop for a few years but then rise again, totaling $6.4 trillion over the coming decade. Federal debt held by domestic and foreign investors…

The House Budget Committee has begun considering a proposed budget that includes many elements of a plan that House Republicans approved last year but also some significant changes.The Concord Coalition commended Budget Committee Chairman Paul Ryan (R-Wis.), who released the…

The Congressional Budget Office (CBO) today updated the baseline projections for federal spending and revenue that it put out in January, saying that the “fundamental story” about the federal budget had not changed.CBO said its current estimate of the budget…

Serious financial management problems in some departments and agencies continue to hinder efforts by auditors to assess the government’s books. That in turn hurts the government’s ability to measure the cost and performance of certain programs and to make necessary…