This is a guest post by Concord Coalition intern Rob Ryan Politicians and economists have long stressed the importance of simplifying our nation’s tax code. Tax reform that eliminates many tax breaks, also known as “tax expenditures,” can foster economic growth and…
The Congressional Budget Office (CBO) recently released an update to its estimates and projections of the cost and use of federal government subsidies for health insurance for people under age 65. The headline number is that the government will spend…
The American economy is at risk for a variety of reasons: high and rising federal debt, mounting interest and health costs, recent tax and spending decisions, and widespread complacency -- in Washington and around the country -- about the difficult…
Amid widespread concern about the rapidly rising national debt, The Peter G. Peterson Foundation held its ninth annual “Fiscal Summit” Thursday in Washington to spotlight the risks and challenges that such debt entails. “This year the theme of our fiscal…