#Tax Policy

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Too Many Tax Cuts; Not Enough Offsets

By Bob Bixby, Host, Facing the Future Click here to listen to the episode now This week on Facing the Future, Marc Goldwein, Senior Vice President of the Committee for a Responsible Federal Budget (CRFB), guided us through the budget…

Extending Tax Cuts and Reconciliation

Even though Tax Day, April 15, has come and gone, Congress remains focused on tax policy – including extending portions of the 2017 Tax Cuts and Jobs Act (TCJA) that are scheduled to expire at the end of 2025. According…

High Tariffs are High Risk

By Bob Bixby, Host, Facing the Future Click here to listen to the episode now This week on Facing the Future we talked with Alex Durante, senior economist at the Tax Foundation and co-author of a running update called “Trump…

The High Cost of Extending Tax Cuts Without Offsets

Key Points: Analysis from the CBO shows extending key provisions of the TCJA without offsets would increase the national debt from 99% of GDP to as high as 250% in 30 years, depending on interest rates. The Penn Wharton Budget…


The House and Senate returned this week after a two-week spring break. Lawmakers have a lot on their plates between now and the end of the year—a year shortened by the campaign season and the November midterm elections. As…


FOR IMMEDIATE RELEASE: Monday, February 28, 2022 CONTACT: Av Harris 202-695-9524 [email protected] Washington, DC – The Concord Coalition and the Global Aging Institute (GAI) today jointly released…


Washington, DC – The Concord Coalition and the Global Aging Institute (GAI) today jointly released a new issue brief entitled The Vital Role of Immigration in an Aging America. The paper, which is part of a quarterly issue brief series…


Democrats in Washington are working furiously to put the finishing touches on the President’s Build Back Better (BBB) social safety net spending bill. Trying to shoehorn their legislative priorities into the fiscal parameters of the measure while nodding to…


Oct 14, 2021
This week the nonpartisan Congressional Budget Office (CBO) published its final monthly budget review for FY 2021. While the Treasury Department will publish the official numbers in its next Monthly Report, CBO’s end-of-year report provides an accurate preview of…


Earlier this week the Social Security Administration (SSA) announced the annual cost-of-living adjustment (COLA) for next year (2022) would be 5.9 percent. That’s slightly more than the 5.8 percent increase in 2008, and the biggest increase since 1982.[1] Under current…


As Democrats in Congress continue to meet with President Biden to determine the ultimate size and scope of their social spending plan, it’s worth taking a minute to step back and consider the monumental dilemma they face – they have…


For several months, Republicans and Democrats in Washington, DC have been barreling towards each other on a collision course over a pair of looming fiscal deadlines. First, Congress must prevent a government shutdown by passing a temporary stopgap funding measure,…

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