Although it may reduce multinational corporations’ incentive to engage in profit shifting, the patent box acts more like a budget sieve than as true tax reform.
Federal spending has fallen well below the levels that the Bowles-Simpson commission recommended, but revenues have fallen as well.
House Republicans are proposing a massive tax giveaway to millionaire estates while cutting nutrition assistance that would cost the economy hundreds of thousands of jobs.
Some congressional leaders are still advancing policies that threaten to exclude low-income families and people of color from the social safety net.
Congressional leaders are trying to improve how they talk about inequality, stagnant wages, and middle-class economic insecurity, but their budgets still only advance the interests of those at the very top.
House and Senate budgets will be a test of how serious majority leaders are about boosting opportunity and expanding the middle class.
If Republican leaders in Congress are serious about fiscal responsibility, their 2016 federal budget proposal will include funds to cut carbon pollution and strengthen the nation’s resilience to climate change.
In a never-ending quest to shrink government, conservatives continue to advance specious arguments that are harmful to federal funding for public transportation.
Charts Attempting to deport all 5 million people who would benefit from the president’s November 20, 2014, directives on immigration would cost more than $50 billion.
Failing to distinguish short term from long term often confuses the federal budget debate, as was the case in a recent article about a Center for American Progress report co-authored by Antonio Weiss.
The early reports of a possible deal on tax extenders show how Congress has abandoned the concepts of fairness and efficiency.
Issue Brief Austerity is so out of hand that there are opportunities to reverse some of the most shortsighted and damaging cuts while at the same time reducing deficits.
September 3 marks 50 years of success for the Land and Water Conservation Fund. Without action by Congress, however, the fund will expire in 2015 and America will lose its best parks program.
Issue Brief Despite bipartisan agreement to double funding for basic research, Congress has not followed up with the appropriations necessary to meet this goal.
Rep. Ryan needs to look toward Pope Francis’s teachings and the true state of poverty in America in order to effectively address the nation’s poverty crisis.