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.
Providing incentives to companies to create jobs has become a false panacea in the economic development world, and proponents often fail to acknowledge the strategy’s downsides.
In reforming the congressional budget process, Congress should strengthen nonpartisan institutions such as the CBO, put taxes and spending on a level playing field, and eliminate brinkmanship over the debt ceiling.
As the Federal Reserve continues to raise rates, it’s time to pay more attention to the economy-wide risks from the changing landscape of household debt.
The House plan for a second round of top-heavy tax cuts stack the deck even further against working families.
The new House tax bill would add more than $3 trillion to deficits over the second 10 years.
The Trump administration’s plan to allow capital holders to index their assets to inflation is the latest attempt to benefit the wealthy as it takes steps to cut workers’ pay and retirement savings.
The tax law enacted in December 2017 opened the door to a whole new level of tax-avoidance games primarily available to wealthy individuals and businesses and big corporations.
Because teachers’ compensation should reflect the importance of their work, CAP proposes a $10,000 federal Teacher Tax Credit that would increase pay for eligible teachers in high-poverty schools.
New Federal Reserve data show that 2017 tax cuts benefited shareholders but did not boost investment.
Permanently extending provisions of the 2017 tax law would give more wasteful tax cuts to high-income Americans and cause lasting fiscal damage.