President Obama’s budget identifies a group of policies as a $1.8 trillion deficit reduction proposal. I found the budget presentation of this proposal somewhat confusing; in particular, it is difficult to see how much deficit reduction the president wants to do through spending cuts versus revenue increases. After some digging into the weeds, I pulled [...]

President Obama’s 2014 budget arrived two months late and was declared DOA by the House GOP leadership days before they even saw it. Yet, it is full of items of interest, including a new millionaire tax and a renewed proposal to limit the value of tax preferences for high income households. But what about the [...]

Now that you’re done filling out your 1040, the White House wants you to know where your tax dollars are going. Its Federal Taxpayer Receipt is, in concept, a great idea. But it also has some odd bits worthy of note. First, the good news: At a time when much of the fiscal debate in [...]