After short-sighted funding cuts and a “devastating erosion of taxpayer service” in the last few years, most calls to the IRS for information this year are likely to go unanswered. That alarming news comes from National Taxpayer Advocate Nina E.…
Unless Congress takes action, Social Security’s trust fund for Disability Insurance (DI) will run out next year and beneficiaries will suffer an across-the-board cut of 19 percent. Some suggest that Congress could simply reallocate some of Social Security’s payroll tax…
With gas prices falling to their lowest levels in years and the Highway Trust Fund expected to run out of cash after May, some members of Congress are considering the first increase in motor fuels taxes in more than two…
Despite dropping federal deficits in the last few years, Concord Coalition Executive Director Robert L. Bixby recently warned a Kansas City audience that this is no time for complacency about the nation’s fiscal problems. “Keep in mind: A shrinking deficit…
