Taxes

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Upcoming Congressional Fiscal Policy Deadlines

Updated 3/19/2020: Key authorities under the Foreign Intelligence Surveillance Act (FISA) expired on March 15. While the House passed a version on...
Mar 11, 2020 | Blog Paper Press Release | Taxes

How Much Would Suspending the Payroll Tax Cost?

Policymakers are discussing several economic stimulus ideas in response to the coronavirus outbreak, including reports that yesterday President Trump...
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Budget Offsets Bank

The federal debt is at a post-war record high, deficits are set to exceed the trillion-dollar mark this year, and new initiatives are being proposed...
Mar 3, 2020 | Blog Paper Press Release | Taxes

How Much Does a Payroll Tax Holiday Cost?

President Trump tweeted support for a one-year payroll tax cut Monday evening, saying: The Democrats in the House should propose a very simple...

Pete Buttigieg's Climate Change Plan

Democratic presidential candidate and former South Bend, Indiana Mayor Pete Buttigieg has proposed a climate change plan with an end goal of getting...
Donald Trump

President Trump has Signed $4.7 Trillion of Debt into Law

Our US Budget Watch 2020 project analyzes, estimates, and explains the fiscal implications of proposals introduced during the presidential campaigns...

Budget Deal Shows Bipartisan Failure of Leadership

For Immediate Release Later today, President Trump is expected to sign into law a $1.4 trillion spending package, appropriated through two...
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Appropriations Deal Will Cost $2.1 Trillion Over 20 Years

The appropriations deal's numerous deficit-increasing policies, most notably its permanent repeal of three Affordable Care Act (ACA) taxes,...
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OECD: U.S. Has the Highest Deficit

The United States had the highest deficit in 2018 among Organisation for Economic Co-operation and Development (OECD) countries...
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Dec 11, 2019 | Blog Paper Press Release | Taxes

Wall Street Journal Editorial Board Takes on Temporary Tax Breaks

The Wall Street Journal editorial board wrote an opinion piece today decrying special interest tax subsidies that may be added to a year-end...

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