Cutting back on special tax breaks and broadening the tax base could help reduce federal borrowing, boost the economy and simplify the tax system. So it is important that this fundamental principle of tax reform not be discredited simply because…
Here are links to some previously published material by The Concord Coalition on proposals by House Budget Chairman Paul Ryan, who was named Saturday as Republican presidential candidate Mitt Romney's running mate. (more…)
Beginning in January, approximately $109 billion in across-the-board spending cuts are scheduled to automatically take effect. Known in budget policy circles as a “sequester,” these cuts are unusual in that the executive branch directs how the spending cuts occur, as…
House Republicans last week approved a one-year extension of the Bush-era tax cuts after rejecting a Democratic proposal to limit the extension to family incomes below $250,000 a year.The Republican plan was approved on a 256-171 vote, mostly along party…