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larspsyll.wordpress.com
| | www.pgpf.org
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| | Tax expenditures are costly for the federal government but they can be effective vehicles for lawmakers to achieve policy goals.
| | www.greshm.org
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| | Let's conduct a thought experiment. Imagine that the government is a black box whose internal workings are completely opaque to us. We know that this black box can add money to the economy through spending or remove money from the economy through taxation. But we have no idea why the government is administering fiscal policy (spending and taxing) the way it is. This thought experiment allows us to consider the effects of fiscal policy without becoming distracted by its underlying politics.
| | blog-pfm.imf.org
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| | [AI summary] Developing countries face significant debt challenges, with high interest payments and limited fiscal space, requiring measures like debt restructuring, tax reforms, efficiency improvements, and economic growth to manage rising debt levels.
| | www.keithhennessey.com
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| Here is Senate Finance Committee Chairman Baucus speaking on the Senate floor yesterday: < blockquote>Our plan would not increase the government's commitment to health care. But don't just take my word for it. The nonpartisan Congressional Budget Office says: "uring the decade following the 10-year budget window, the increases and decreases in the federal budgetary commitment to