The Tax Cuts and Jobs Act, which gave the largest tax cuts to the wealthiest Americans, also failed to address the inefficiency, lack of fairness, and cost of many spending programs administered through the tax code.
Critical priorities will be threatened unless Congress and the president reach a budget agreement.
The tax law is draining revenue—and has little to show for it.
The Center for American Progress proposes a budget plan to address our most pressing national challenges.
More than 30 governors have proposed new funding to help families access and afford needed early childhood education and care services.
To successfully promote U.S. national security, the Trump administration’s fiscal year 2020 defense budget needs to consider myriad factors—and set necessary, realistic funding levels.
Budget cuts over the past decade have diminished the IRS’ enforcement capacity.
Making smarter investments than in the past can create a stronger economy and healthier middle class.
The FY 2020 Department of Education budget proposal would make drastic and harmful cuts.
Trump’s morally bankrupt budget betrays the “forgotten men and women” he pledged to fight for, seeking to pay for his $2 trillion tax giveaway with massive cuts to programs on which everyday Americans rely.
This week’s hearings in the House and Senate provide an opportunity for lawmakers to scrutinize the Fed’s recent deregulatory initiatives.
President Donald Trump is threatening the economic security of federal workers and their families for the sake of his ego.
800,000 federal workers could go without paychecks in the event of a prolonged government shutdown.
The Tax Cuts and Jobs Act increases federal deficits while failing to address the nation’s most pressing challenges and making inequality worse.
The strategy of providing incentives to companies involves potential downsides that rarely are fully appreciated.