Apr 25, 2017 | Taxes
Principles for Responsible Tax Reform
The United States tax code has not been overhauled in over three decades, and it is in desperate need of reform. The current federal income tax is in...
Papers
View our recurring reports, which summarize and analyze the most important regular federal budget releases and reports.
Mar 30, 2017 | Budgets & Projections
CBO’s 2017 Long-Term Budget Outlook
The United States is on an unsustainable fiscal path, according to the Long-Term Budget Outlook released by the Congressional Budget Office (CBO)...
Mar 16, 2017 | Budgets & Projections
President Trump's FY 2018 "Skinny Budget"
The Trump Administration today released its "skinny budget," which details its plans for defense and non-defense discretionary spending for Fiscal...
Mar 15, 2017 | Budgets & Projections
Update: The Cost of Rising Interest Rates
Over the next decade, interest payments on the debt are projected to be the fastest growing part of the federal budget.
Last year, the federal...
Mar 15, 2017 | Budget Process
Q&A: Everything You Should Know About the Debt Ceiling
Note: We have updated this Q&A. A new version is available here.
Attention is turning towards raising the federal debt ceiling, which will be...
Mar 13, 2017 | Budget Process
The Better Budget Process Initiative: Setting the Benchmark: Reforms to Budget Baseline Rules
Budget baselines are among the most important – but widely misunderstood – elements of budgeting and policymaking. The budgetary impact...
Feb 23, 2017 | Budgets & Projections
What We’d Like to See in President Trump’s FY 2018 “Skinny Budget”
The Trump Administration is expected to soon release its first budget outlining the President’s priorities for Fiscal Year (FY) 2018 and the...
Feb 16, 2017 | Taxes
Five Reasons to Pay for Tax Reform
An executive summary of this paper is available here.
Tax reform is near the top of the agenda in Washington. This is encouraging because individual...
Feb 9, 2017 | Budgets & Projections
President Trump's Historic Debt Dilemma
As President Donald Trump begins his term, he faces perhaps the most daunting fiscal situation of any incoming president. President Trump enters...
Feb 7, 2017 | Budgets & Projections
Principles for the Fiscal Year 2018 Budget Resolution
The Congressional budget resolution is a guiding document that should establish the nation’s budget priorities, the approach to financing them...
Jan 31, 2017 | Health Care
Chartbook: Affordable Care Act "Repeal & Replace" Effects & Implications
Below is a chartbook on the effects and implications of "repeal and replace" of the Affordable Care Act (ACA).
Below are the charts with...
Jan 24, 2017 | Budgets & Projections
CBO’s January 2017 Budget and Economic Outlook
As President Trump enters his first full week in office, new Congressional Budget Office (CBO) projections show that he faces an unsustainable fiscal...
Jan 17, 2017 | Health Care
Principles for Responsible "Obamacare" Repeal and Replace
Policymakers are expected to soon consider legislation to repeal and possibly replace large parts of the Affordable Care Act (“ACA” or...
Jan 9, 2017 | Budget Process
A Long-Term Budget for Entitlements and Required Revenues
by Stuart Butler and Maya MacGuineas
This paper represents a joint project of the Brookings Institution and Committee for a Responsible Federal...
Jan 4, 2017 | Health Care
The Cost of Full Repeal of the Affordable Care Act
The Affordable Care Act (ACA), also known as “Obamacare,” includes a number of provisions to expand health care coverage, as well as...
Dec 14, 2016 | Budgets & Projections
The Cost of Rising Interest Rates
This paper has been updated and is avaible here
Over the next decade, interest payments on the debt are projected to be the fastest growing part of...
Dec 8, 2016 | Social Security
A Bipartisan Social Security Commission
In 1981, the Social Security trust funds were nearly empty and President Ronald Reagan and Congressional leaders in both parties appointed the...
Dec 6, 2016 | Budget Process
Reconciliation 101
What is reconciliation?
Reconciliation is a special legislative process created as part of the Budget Act of 1974. It is intended to help lawmakers...
Dec 1, 2016 | Budgets & Projections
Governing through Leadership: Steps to Secure Our Fiscal Future
A Memorandum to President-Elect Donald J. Trump
TO:
President-Elect Donald J. Trump
FROM: ...
Nov 3, 2016 | Budgets & Projections
A Lame Duck President in 2017?
by C. Eugene Steuerle, Maya MacGuineas, Tyler Evilsizer, and Caleb Quakenbush
This report represents a joint project of the Urban-Brookings Tax...
