Budget Matters Blog


Should We Reform the Home Mortgage Interest Deduction? Three Different Views from Our Readers

After we published a blog piece on the Home Mortgage Interest Deduction (HMID) this summer, several people wrote in to tell us how this tax break affected their lives.


Poll: Americans Want Wealthiest to Pay More in Taxes

A new poll just released by Americans for Tax Fairness found that 65 percent of voters across the country want the top 2 percent to pay more in taxes


Extra Cash Pushes Debt Ceiling Deadline to September

A better-than-expected cash flow at the U.S. Treasury has turned May 18 into just any old day.


Worried About Spending? Don't Forget the Revenue.

As tax season and Fiscal Cliff II get into full swing, we're highlighting our Federal Tax Collections data in the Federal Priorities Database.


You Ask, We Answer: How Big Are the Bush Tax Cuts?

A reader from Shelby Township, Michigan, wrote to us to ask about the Bush-era tax cuts. "How much revenue would the federal government get," he wrote, "if taxes were raised on the people making more than $200,000 per year?" It's a very timely question. Bush-era tax cuts for high earners are the most contentious part of negotiations raging over the so-called fiscal cliff.


You Ask, We Answer: Are Tax Breaks Government Spending?

Federal income tax credits, deductions, and exclusions are a form of government spending that cost more per year than the amount of the U.S. budget deficit.


Pie Week Continues: Tax Revenues

Our final pie of Pie Week! We showed you total federal spending, mandatory spending, and discretionary spending. Today's flavor of pie? Where the money comes from to fund the federal budget.