Popular Topics

Budget & Fiscal

August 22, 2014

What Happens When We Cut Tax Rates - Howard Gleckman, TaxVox

Reducing tax rates is a guiding principal of most tax reform plans. Even Democrats who see reform partly as a tool to boost revenues agree that some money generated by elimina...

August 21, 2014

Do Taxes Make U.S. Corporations Uncompetitive? - Dave Johnson, CFAF

Corporate tax rates used to top out at 52.8 percent. Later rates were lowered to 48 percent and then 46 percent. Then in 1986 corporations complained that this (lowered) ...

August 21, 2014

Are Private Medicare Plans Better? - Thomas Huelskoetter, ThinkProgress

A growing debate over the Medicare Advantage program has big ramifications for the future of American seniors’ health coverage. Medicare Advantage, an alternative to the trad...

August 20, 2014

General Revenue and Social Security - C. for a Responsible Federal Budget

Social Security is often portrayed in one of two ways, either as its own self-contained program (the “trust fund perspective”) or as part of the broader budget (&l...

August 19, 2014

Getting the Disabled Back to Work - Joseph Lawler, DC Examiner

Why do Trader Joe’s employees wear Hawaiian shirts and address each other as “mate"?...

Most Recent Articles

August 18, 2014

Medicaid Reform: Lessons From Florida - Alexander Bobroske, ATR

As Virginia gears up for a special session next month to reform the state’s Medicaid program, legislators should take note of the success in Florida. First signed into law in 200...

August 16, 2014

The Problem With Payroll-Tax Reallocation - Rachel Greszler, Heritage

Social Security and Disability Insurance (DI) are two separate programs, serving two distinct purposes and beneficiary populations, and are financed by two separate payroll taxes w...

August 16, 2014

Florida's Success With Medicaid Reform - Alexander Bobroske, ATR

As Virginia gears up for a special session next month to reform the state’s Medicaid program, legislators should take note of the success in Florida. First signed into law in...

August 15, 2014

Medicare Trustees' Report: Takeaways - Fontenot & Patel, Health Affairs

Depending on which article you read, either the Medicare Trustees think the program is coming to an end, or the news is great and we don’t need to do anything....

August 15, 2014

Key Points From the New Social Security Report - Kathy Ruffing, CBPP

Social Security can pay full benefits for close to two decades, the trustees’ latest annual report shows, but will then face a significant, though manageable, funding shortfa...

August 13, 2014

Medicare and the ACA Marketplaces - Timothy Jost, Health Affairs

On August 1, 2014, the Centers for Medicare and Medicaid Services released a set of frequently asked questions on the relationship between Medicare and the marketplaces. This is ...

August 13, 2014

How the Tobacco Industry Dodges Taxes - Richard Phillips, CTJ

What's the biggest difference between small and large cigars or pipe and roll-your-own tobacco? Their level of taxation, according to the Government Accountability Office (GAO), wh...

August 12, 2014

Social Security: The Cost of Delay - C. for a Responsible Federal Budget

The Social Security Trustees recently showed what it would take to make Social Security solvent over 75 years: immediately raise everyone’s taxes by over 2.8 percen...

August 11, 2014

Is Wisconsin Driving Taxpayers Away? - Pamela Villarreal, NCPA

On average, Wisconsin loses $136 million a year in adjusted gross income (AGI) from residents moving to other states. That is equal to nearly $2.5 billion over the past two decades...

August 11, 2014

The GOP's Medicaid Politics vs. Rural Southerners - Stu Sturgis, Prospect

Date on which Adam O'Neal, the Republican mayor of Belhaven, North Carolina, arrived in Washington, DC after walking 273 miles from his hometown to draw attention to the recent clo...

August 9, 2014

What Happens When States Don't Expand Medicaid - Dorn et al., Urban

In states not expanding Medicaid, 6.7 million residents will remain uninsured in 2016 as a result. These states are foregoing $423.6 billion in federal Medicaid funds from 2013 to ...

August 7, 2014

A Guide to the Medicare Trustees Report - Charles Blahous, Economics21

My last piece summarized the trustees' 2014 Social Security report, which can be found here. This piece presents highlights of this year's Medicare report. A su...

August 7, 2014

Tax Cuts Collide With Reality in Kansas - Matt Phillips, Quartz

It’s hard to overstate the appeal of tax cuts in the US, a nation that was primarily formed in opposition to government revenue collection....

August 6, 2014

The Budget Outlook Is Worse Than You Think - Dan Barrett, NTU

What are the long-term implications of government spending, and how should policymakers reign in the current trend of unsustainable federal expenditures? Those questions were the f...

August 5, 2014

Obscure Drug, Growing Medicare Tab - Charles Ornstein, ProPublica

An obscure injectable medication made from pigs' pituitary glands has surged up the list of drugs that cost Medicare the most money, taking a growing bite out of the program's reso...

August 5, 2014

No, Tax Cuts Don't Pay for Themselves - Steve Wamhoff, CTJ

The idea that tax cuts pay for themselves repeatedly has proven to be nonsense, perhaps most spectacularly when President George W. Bush’s own Treasury Department conclu...

August 5, 2014

Will Doctor Mandates Come Next? - A. Barton Hinkle, Reason

John Foust, a Democrat running for the 10th congressional seat in Northern Virginia, is—like Gov. Terry McAuliffe and other state Democrats—gung-ho to expand Medicaid. ...

August 4, 2014

Raise the Social Security Payroll Tax Cap? - Rachel Greszler, Heritage

Social Security is an insolvent program that demands immediate reform—but raising the payroll tax cap should not be an option. Static revenue projections conceal the true impact ...

August 4, 2014

Social Security Trustees Report: A Guide - Charles Blahous, Economics21

On Monday, July 28, the Social Security trustees released our annual analysis of the program’s financial condition (the full report can be foundhere, a summary here, and...

August 2, 2014

Social Security and Medicare Are Doing Fine - Duncan Black, USA Today

The annual Social Security and Medicare trustees report was just released, and it will presumably inspire the predictable scaremongering about those programs by many...

July 31, 2014

'Pension Smoothing': The Gimmick Both Parties Love - Josh Barro, NYT

The Federal Highway Trust Fund is set to run out of money. If Congress does not put more money in the fund by Friday, the federal government will start reducing its payments to sta...

July 29, 2014

2014 Medicare Trustees Report - Centers for Medicare & Medicaid Services

The Medicare Program is the second-largest social insurance program in the U.S., with 52.3 million beneficiaries and total expenditures of $583 billion in 2013. The Boards of Trust...

July 29, 2014

2014 Social Security Trustees Report - Social Security Administration

Trustees Report tables containing 75-year projections show every fifth year. We provide supplemental tables by single year for readers requiring more detail. For many of these tabl...

July 28, 2014

Let Young People Opt Out of Social Security - Star Parker, DC Examiner

America is supposed to be the land of the free and the home of the brave....

July 23, 2014

A Separate Tax System for the Powerful - Howard Gleckman, TaxVox

Unlike the rest of us, many high-income, influential people and organizations have close to a free hand when it comes to their taxes. Already underfunded and understaffed, the IRS ...

July 22, 2014

Making Medicare Advantage Efficient - Austin Frakt, New York Times

Medicare Advantage plans — private plans that serve as alternatives to the traditional, public program — have been growing in popularity. One reason is that they o...

July 22, 2014

New Yorkers Aren't Fleeing High Taxes - Henry Decker, National Memo

For years, conservatives have argued against attempts to raise taxes on the most affluent Americans by warning that it will cause the wealthy to flee to other states with lower rat...

July 19, 2014

We Need a New Budget Process - Kent Conrad & Judd Gregg, Roll Call

Since ratification of the constitutional authority given to Congress to tax and spend in 1788, our government has struggled to manage the federal budget. After numerous failed budg...

July 19, 2014

International Tobacco Taxation Handbook - Arthur Laffer, Laffer Center

As excise taxes become increasingly important throughout the world, Dr. Arthur Laffer today released his international tobacco tax handbook, cautioning that “one size does no...

July 17, 2014

The Risks of a Balanced Budget Amendment - Richard Kogan, CBPP

A balanced budget amendment to the U.S. Constitution would be a highly ill-advised way to address the nation’s long-term fiscal problems.  It would threaten significant ...

July 16, 2014

Does the Budget Control Act Need a Tune-Up? - CRFB

July 16, 2014

Two Reasons Not to Panic About the Budget - Dean Baker, CEPR

The deficit hawks will undoubtedly find much to hype in the latest long-term projections from the Congressional Budget Office (CBO). After all, they move forward by a year to 2030 ...

July 16, 2014

CBO vs. OMB: Two Very Different Debt Projections - e21

Growing federal debt still looms large over long-term budget projections. On Tuesday, the nonpartisan Congressional Budget Office released its 2014 Long-Term Budget Outlook, which ...

July 15, 2014

Long-Term Debt Isn't Improving Much - Robert Bixby, Concord Coalition

With the economy continuing its slow recovery, the administration’s Mid-Session Review budget projections released on Friday show little change in the overall outlo...

July 14, 2014

The Medicaid Paralysis - Robert Samuelson, Washington Post

The White House recently put out a 40-page report arguing that the 24 states that have not expanded Medicaid coverage under the Affordable Care Act (ACA or "Obamacare") are hurting...

July 11, 2014

The House Wants to Give Businesses a $276B 'Bonus' - Steve Wamhoff, CTJ

On Friday, the House of Representatives is scheduled to vote on a $276 billion bill that would make permanent “bonus depreciation.” This huge tax break for business inv...

July 9, 2014

SSDI: A Bedrock of Security for Workers - Vallas & Fremstad, CAP

Imagine that tomorrow, while cleaning out your gutters, you fall off a ladder. You suffer a traumatic brain injury and spinal cord damage, leaving you paralyzed, unable to speak, a...

July 8, 2014

Newt Gingrich Predicted Medicare's Future - Austin Frakt, New York Times

On Oct. 24, 1995, Newt Gingrich made an assertion about what would happen to Medicare if its beneficiaries could choose between it and private plans. Medicare is “g...

July 8, 2014

Where's the Annual Social Security Report? - Jagadeesh Gokhale, Cato

House Speaker John Boehner (R-Ohio) has announced his intention to sue President Obama for “failure to faithfully follow the nation’s laws” by taking extra-legal executive ac...

July 1, 2014

Analyzing the Tax Provisions in Obama's Budget - Elaine Maag et al., TPC

This document reviews several notable tax proposals in President Obama’s fiscal year 2015 Budget. These include expanding the earned income tax credit (EITC) for workers without ...

June 28, 2014

Stabilize the Debt: Budget Simulator - CRFB

Everyone has an opinion on what should be done about America's finances. Here's your chance to try out your ideas....

June 28, 2014

Kansas's Highly Problematic Tax Cut - Josh Barro, New York Times

Kansas has a problem. In April and May, the state planned to collect $651 million from personal income tax. But instead, it received only $369 million....

June 27, 2014

Cuts in IRS Budget Weaken Enforcement - Marr & Friedman, CBPP

House and Senate appropriators have begun considering the Internal Revenue Service (IRS) budget, which is part of the Financial Services and General Government appropriations bill....

March 23, 2012

How Ryan Sold His Plan

March 23, 2012

Boehner: House Will Pass Budget

March 22, 2012

Plan Squeaks By Committee

March 22, 2012

President Slams Ryan's Budget

March 21, 2012

The Budget Wars Are Back

March 21, 2012

Ryan Plan Doesn't Go Far Enough for Some Conservatives

March 20, 2012

GOP BUDGET

March 20, 2012

Plan Would Slash Taxes

March 20, 2012

GOP Wants to Play Up Tax Reofrm

March 20, 2012

A Sharp Contrast With Obama