WP Explains the Impossible Math of Trump Budget

May 24th, 2017

"What the budget proposal does, Furman said, is include the expected gains from the tax cuts without accounting for the losses. In other words, if the tax plan is revenue-neutral, there would be $2 trillion in additional revenue from economic growth...Read More
What is "Budget Reconciliation"?

Apr 12th, 2017

Introduction "Budget reconciliation" is a process that allows Congress to quickly pass tax, spending, and debt limit laws. Typically the Senate, which is supposed to be the "cooling saucer", allows unlimited debate. This means that...Read More
Seniors to Be Hurt by Paul Ryan Tax Plan

Apr 11th, 2017

"...the proposal could have costly unintended consequences — especially for the elderly. Retirees are financially vulnerable to rising prices, or inflation, which is one possible result of the GOP plan. If the proposal sets off inflation, many...Read More