Blogs

In his Fiscal Year 2013 budget, President Obama proposes an array of tax proposals. Some of his suggestions are new and would move the country’s unfair, inefficient and overly complex tax system in a positive direction. But some of the…

Administration officials defended the President’s budget at committee hearings last week that followed an all-too-familiar script: Democrats supported the budget, Republicans condemned it, and there appeared to be little room for bipartisan compromise in the near future. At House and…

President Obama is expected to quickly sign legislation to extend the payroll tax cut, unemployment benefits and the “doc fix” on Medicare reimbursements through the end of the year, but unfortunately without an adequate financing plan.After months of partisan jousting…

House Republican leaders say they could introduce legislation this week to extend the Social Security payroll tax holiday through the end of the year without offsetting the cost. The announcement Monday came after continued haggling between Democrats and Republicans over…

In recent years President Obama has repeatedly suggested limiting the tax benefits on itemized deductions to 28 percent, a proposal that the Congress Budget Office has estimated could raise $293 billion over 10 years. (more…)

President Obama’s new budget calls for substantial tax reform, higher taxes on the wealthy, cuts in some programs and additional spending in others. The plan drew heavy criticism from Republicans and mixed reviews from The Concord Coalition and other non-partisan…

Age 65 isn’t what it used to be, and longer life spans in the United States are expected to strain both government and private resources for supporting older Americans. That’s led to proposals to increase eligibility ages for some retirement…

A congressional conference committee resumes work today on legislation to extend unemployment benefits and a temporary cut in the payroll tax that provides funding for Social Security. Partisan differences – particularly on paying for the extensions -- led Congress late…