#Tax Policy

The new congressional “super committee” meets today amid growing pressure from various quarters to look for ways to encourage economic growth while aiming well beyond its assigned goal of $1.5 trillion in deficit reduction.Washington’s debt limit law this summer created…

President Obama yesterday sent Congress the American Jobs Act, a set of proposals that he says will provide both a short-term boost for the economy and a basis for bipartisan cooperation that could help restore public confidence in Washington.The President…

Many Americans ask why it is so difficult to rein in federal spending. Former U.S. Sen. John Danforth and Concord Coalition Executive Director Robert L. Bixby have a suggestion: “Perhaps they should look in the mirror.”That’s because nearly two thirds…

After Republicans and Democrats on the new super committee held separate discussions last week, the co-chairs announced that the full panel would hold its first meeting this Thursday. It is expected to focus on organizational issues and opening statements from…

President Obama plans to speak to Congress Thursday night on ways to bolster the struggling economy while still trying to improve the nation’s long-term fiscal outlook.In his request to address Congress, which returns this week from its August recess, Obama…

In blunt but appropriate language, Federal Reserve Chairmen Ben Bernanke used a high-profile speech late last week to criticize Washington’s handling of the recent debt limit controversy and to call for a better process for making fiscal decisions.Speaking at an…

WASHINGTON -- The Concord Coalition today said that updated budget projections by the Congressional Budget Office (CBO) demonstrate a potential path for bringing spending and revenues closer together over the next 10 years. But the projections also underscore the need…

The “no new taxes” pledge taken by Republicans in Congress has been a huge obstacle to achieving bipartisan agreement on a comprehensive deficit reduction plan. Many Republicans interpret the pledge as ruling out revenue increases of any kind, even those…