The Obama administration sent a letter to Congress over the weekend requesting $50 billion in spending to support the economy. This request will likely affect negotiations in the Senate and House over legislation extending some current spending policies and tax…
As concern about long-term federal deficits and debt mounts, some policy experts in Washington have been discussing the possibility of a value-added tax (VAT). Some envision it as a replacement for current taxes while others favor it as an add-on…
The extenders bill that the House will consider this week is a timely reminder of why it is important for Congress to approve a budget resolution. Such a measure continues to elude Congress, but there has been considerably less trouble reaching agreement on a bill that will add…
Recently on The Concord Coalition Blog, The Tabulation, Chief Economist Diane Lim Rogers examined how difficult it will for President Obama to both keep his pledge to reduce the deficit to around 3 percent of GDP annually and to not…