Ideas. Action. Results.

Hoagland: President’s Proposed Budget a Question of Fairness

Economy / Press Release May 23, 2017

These proposals are expected to face strong resistance, especially among Democrats and even many Republicans who support many of the programs facing reductions.

Read More

President’s Budget Eyes the Future, But Doesn’t Pay for It

Ben Ritz / Blog February 11, 2016

While the president’s budget is best understood as an expression of one party’s agenda, the document does include a variety of new proposals.

Read More

Understanding the PATH Act’s Impact on Immigrants

Kenneth Megan / Blog December 18, 2015

While new proposals limiting eligibility are forecasted to generate savings, immigrants generate billions of dollars per year in tax revenue.

Read More

The EITC and Immigration

Matt Graham / Blog February 18, 2015

In President Obama’s budget submission to Congress, he proposed to dramatically expand the Earned Income Tax Credit for childless workers and non-custodial parents.

Read More

Tax expenditures: How do they work?

Shai Akabas, Brian Collins / Blog July 9, 2014

Several recent comprehensive tax reform proposals, including plans put forward by House Ways and Means Chairman Dave Camp (R-MI) and the Bipartisan Policy Center’s Domenici–Rivlin Debt Reduction Task Force, have called for lower corporate and individual rates alongside limiting tax expenditures to broaden the tax base. But what exactly are tax expenditures?

Read More

Proposed Updates to the EITC

Shai Akabas, Brian Collins / Blog May 7, 2014

Over the last few years, the president, lawmakers on both sides of the aisle, and BPC have all offered proposals to update or replace the Earned Income Tax Credit (EITC). We recently blogged about the EITC’s current structure and its advantages and drawbacks. In this post, we’ll detail some of the proposals for reform or replacement, including:

Read More

Background on the EITC

Shai Akabas, Brian Collins / Blog April 24, 2014

The Earned Income Tax Credit (EITC) is a federal tax provision that supplies a valuable benefit to low-income, working Americans. The credit is held in high esteem by Republicans and Democrats alike because it incentivizes work by subsidizing take-home pay for low-income workers. The EITC’s generosity has been increased under presidents from both parties.

Read More

Snapshot of the President’s 2015 Budget

Brian Collins, Shai Akabas / Blog March 6, 2014

President Obama released his Fiscal Year (FY) 2015 budget on Tuesday. As we said in our earlier statement, the Bipartisan Policy Center (BPC) believes that from a fiscal standpoint, this budget essentially constitutes a holding pattern. The Office of Management and…

Read More

The Camp Tax Plan: A Step Forward

Brian Collins, Steve Bell, Shai Akabas / Blog February 28, 2014

House Ways and Means Chairman Dave Camp (R-MI) released his comprehensive tax reform plan yesterday. It has been a long time since a sitting member of Congress was bold enough to propose a plan that includes enough detail to be…

Read More