In the wake of the super committee’s failure last week, Congress faces some key decisions on expiring policies over the next few weeks that could have a significant impact on the federal deficit in the years ahead. On Monday, for…
The special congressional committee on deficit reduction recently heard testimony from the leaders of two prominent bipartisan panels that developed sweeping proposals that could cut federal borrowing by $4 trillion or more in the next decade -- well above the…
Members of the Joint Select Committee on Deficit Reduction (“super committee”) have a timing problem that compounds their political problem. Put simply, they may run out of time to reach agreement on the kind of comprehensive changes that are needed…
Members of the new congressional committee on deficit reduction are showing considerable interest in the idea of revamping the tax code. At a public hearing last Thursday, however, lawmakers on the panel expressed differing views over what changes should be…