The Medicare Eligibility Age: Demographics and Medical Care Spending
In contrast to Social Security Reform, we do not find a large effect of potential increases in the age of eligibility on the long-term ability to finance medical spending. This is partly because the...
View ArticleWashington’s Definition of Middle Class
I saw this proposal in Lori Montgomery’s article on fiscal cliff talks yesterday: Fresh tax revenue, generated in part by raising rates on the wealthy, as Obama wants, and in part by limiting their...
View ArticleFiscal Cliff Policy Links
Credit: Washington Post Since Corporate Taxes are on the table and extended unemployment insurance is set to expire, here are some relevant links: Corporate Taxes: Is broadening the base to lower the...
View ArticleThe Pace of the Recovery: Output and Employment Growth Since 1985
Laura Tyson has a piece today on the slow pace of the recovery: Since 2010, annual growth of gross domestic product has averaged about 2.1 percent. This is less than half the average pace of recoveries...
View ArticleRepatriation Holidays
Many companies have been pushing for a repatriation holiday and recent reports have highlighted how much cash is held overseas. A little more than half the companies in the Fortune 500 have at least...
View ArticleRaising Another Trillion in Revenues
Larry Summers argues it’s plausible that we can raise another $1 trillion+ over the next ten years – here’s how: The failure to tax capital gains at the point of death costs the federal government...
View ArticleMore Progressive Ways to Reduce Social Security Spending than Chained CPI
Dylan Matthews has a great post discussing more progressive cuts to social security than Chained CPI. He includes the option of altering the Preliminary Issuance Amount, which is determined by a...
View ArticleMacroadvisers on the Effects of the Fiscal Cliff
We’re often asked how much of a drag on growth is associated with each of the provisions of current law that usually are described as comprising the fiscal cliff. The table below presents such results...
View ArticleBroad-Based Tax Increases Are Rare
Zach Goldfarb has a story today that points out how rare broad-based tax increases are. I posted earlier about the history of individual income tax changes at the federal level – here is a similar...
View ArticleAre House Republicans Actually Behaving Rationally?
Nate Silver has a fascinating post on this question. Here’s his answer: Individual members of Congress are responding fairly rationally to their incentives. Most members of the House now come from...
View ArticleWhite House’s 30 Second Case for the American Taxpayer Relief Act
Brian Deese makes the case for the 2012 Revenue Deal
View ArticleShrinking Revenue Offers
Jared Bernstein has a nice, but depressing chart on various revenue offers between Obama and Boehner.
View Article
More Pages to Explore .....