The Concord Coalition today gave mixed reviews to President Obama’s proposed budget for the 2013 Fiscal Year, praising its recommendations to broaden the tax base and achieve incremental Medicare savings but lamenting the lack of a greater commitment to broader…
Congressional Budget Office Director Douglas Elmendorf and Federal Reserve Chairman Ben Bernanke both have reminded lawmakers of the challenges ahead if policies are not enacted to place our nation on a fiscally sustainable path.In testimony before the House and Senate…
President Obama proposed significant changes in tax policy in his State of the Union address last week, emphasizing the need for fairness as the economy continues to recover from a severe recession. Gov. Mitch Daniels of Indiana delivered the Republican…
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…