The Tax Cuts and Jobs Act of 2017 Has Not Paid for Itself
The Republican legislation, coupled with spending bills, accounts for 46 percent of the growing deficit.
Browsing Tag
Deficit
6 posts
Who’s to Blame for Rising Deficits?
Two recently passed pieces of legislation are driving big near-term deficit spikes.
The Price of a Fumble by the Super Committee
An experiment demonstrates the death by a thousand cuts that could result from across-the-board cuts that would follow a deadline fumble by the U.S. deficit "super committee."
Budget Hawks, Enviro Doves Offer Budget Cuts
As the U.S. Congress prepares to weigh a new round of massive budget cuts mandated by this summer's deal on the deficit, some odd bedfellows offer a suite of suggestions for saving green by being green.
Mortgage Interest Deduction on the Chopping Block?
A panel ranging from liberals to libertarians suggests turning the mortgage interest deduction, a sacred cow of the U.S. tax code, into hamburger.
New Role-Playing Game: You vs. the National Debt
An online game that tasks players with reining in government spending suggests the public is more willing to make hard choices than they get credit for.