Daily Policy Digest

Tax and Spending Issues

Aligning CBO Scoring with Reality

The House of Representatives has voted to require the Congressional Budget Office (CBO) to consider the macroeconomic effects of proposed legislation when analyzing the cost of new bills...

Should Lawmakers Raise the Gas Tax?

With the money in the Highway Trust Fund dwindling, some lawmakers have been pushing for a higher gasoline tax...

Taxpayers Lost Almost $10 Billion on Auto Bailout

The federal government finally announced an end to the auto industry bailout...

Minimum Wages Rise in 19 States

Nineteen states across the country raised their minimum wages on January 1...

Postponing the Estate Tax

The federal estate tax -- often called the death tax -- is a tax on the transfer of a person's assets at death...

Who Is Paying Federal Income Taxes?

The top 50 percent of taxpayers paid almost all of the nation's income taxes -- 96.7 percent...

A New Way to Score Tax and Spending Bills

The Wall Street Journal reports that House Republicans are looking at changing the way that the Congressional Budget Office and the Joint Committee on Taxation score tax and spending bills...

Measuring Inequality Can Be Misleading

Typical income inequality measures ignore individuals' movement up and down the income ladder from year to year...

Wasted Tax Dollars in 2014

The government spent $804,254 to develop a smartphone game to instruct parents to convince their children to eat new, healthy foods...

Overpayments in the Social Security Program

When a child's parent dies, he is eligible to receive Social Security benefits up to the age of 19, as long as he is enrolled in an elementary or secondary school full time...


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