Archive for the ‘Fiscal Policy’ Category

What Matt Said

May 23rd, 2011

Matt Yglesias raises an important point here about conservatives who can’t abide any increase in tax rates but will entertain raising more tax revenues through reductions of tax expenditures–that cool trillion or so we forgo in tax revenue each year through various favored activities in the tax code, like the mortgage interest deduction or the… Read more

Attack of the NASTIE’s

May 20th, 2011

As the administration and members of Congress debate the path to fiscal sustainability, my colleagues and I at CBPP have consistently stressed the importance of a balanced plan that combines both spending cuts and revenue increases. Sounds fair…reasonable…right? But mention “revenues” in this town and you trigger the attack of the NASTIE’s (Never-A-Stinkin’-Tax-Increase-Ever!). Their typical… Read more