Simplify the Tax Code, But Leave 1986 Out of It

Interest is growing in tax policy circles in a new round of tax reform, with many experts hoping the White House and Congress will enact legislation that’s roughly modeled on the landmark Tax Reform Act of 1986. Before moving too far down that path, however, they might […]

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Struggling to Understand the GOP Debt Limit Vote

With regard to tonight’s House vote to raise the federal debt limit, let’s see if I understand this correctly. House Republicans oppose a “clean” debt limit increase – that is, legislation that would do only one thing: raise the limit on allowable federal debt. They insist that […]

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Palestinian ploy would push Israel to the edge of destruction

The Palestinian push for U.N. recognition of statehood comes amid signs that Palestinians are discarding the notion of living in peace with Israel, which will require the United States to veto any proposal that reaches the Security Council in order to protect its key Middle East ally. […]

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Whack-a-Mole Politics: Safety-Net Programs in View

The fiscal debate in Washington will soon focus more squarely on key safety net programs for the poor, such as Medicaid and SNAP (formerly called food stamps). Here’s why: The debate of recent months has become a game of whack-a-mole. Private-sector budget hawks try to focus attention […]

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New York Special Election a Litmus Test for GOP

The future of federal fiscal policy may lie not in the negotiations that Vice President Joe Biden is holding with bipartisan congressional leaders, or in the meetings of what’s now the Senate “Gang of Five,” or in deliberations at the Senate Budget Committee to produce a fiscal […]

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