The president is trying to find a middle ground on both revenue and spending cuts, and only the most ideologically blinded lawmakers would reject his latest proposal to resolve the fiscal showdown.
If Congress fails to extend emergency unemployment benefits, the U.S. economy will create 300,000 fewer jobs next year and three in four unemployed Americans will receive no benefits.
What we now call “debt limit legislation” should be called “deadbeat legislation.”
If carried out correctly, a well-managed defense drawdown can return the Pentagon’s budget to more sustainable levels without harming our national security or our economic recovery.
Sequestration will inflict massive cuts on programs that protect our public lands and oceans—cuts that will impact all of us in a variety of ways.
In order to secure our fiscal future and achieve meaningful deficit reduction over the next 10 years, we need a plan that combines progressive, revenue-enhancing tax reform with pragmatic spending cuts that do not undermine the middle class, the poor, or seniors.
Michael Linden, CAP's Director of Tax and Budget Policy, looks at what happened in the 10 years since the Congressional Budget Office projected a massive surplus.
Sophie Feldman and Melissa Boteach demonstrate the bipartisan achievements of deficit reduction and poverty reduction between 1985 and 1997 in a telling timeline.
Michael Ettlinger and Michael Linden give three decades' worth of evidence that proves supply-side economics doesn't work.
The Center for American Progress and cartoonist Mark Fiore explain why a strong middle class is critical for robust economic growth.