Blogs

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…

As Florida voters considered their options in the Republican presidential primary, a forum Thursday at Jacksonville University featured experts on the federal budget discussing some of the fiscal issues that should be on center stage in this year’s elections.Mel Martinez,…

With the new session of Congress getting under way, three members of a bipartisan deficit-reduction commission told Kansas City business leaders and others last week that a wide range of fiscal reforms deserves to be high on the legislative agenda.G.…

The Congressional Budget Office today released new projections that should spur candidates for federal office to provide voters with realistic proposals to meet the country’s fiscal challenges.Robert L. Bixby, The Concord Coalition’s executive director, said the CBO’s new Budget and…

New government figures on unpaid taxes underscore the importance of broad tax reform as well as adequate enforcement efforts.The Internal Revenue Service this month updated its calculations on the “tax gap” – the difference between what Americans owe in taxes…