Editorial: State of disunion: President Obama must make divided government work
Jan. 22, 2012

It is probably Pollyannaish to expect that Congress will do anything substantive in the realm of tax policy in an election year. But any serious effort to reduce the federal deficit will require significant changes in the tax code, and at least two bipartisan groups -- the President's Council on Jobs and Competitiveness, and the Bipartisan Policy Center's Debt Reduction Task Force -- have advanced comprehensive proposals that would simplify tax collection and increase revenues by reducing rates and eliminating years of accumulated tax preferences.

Payroll Tax Cut Will Not Affect Social Security Solvency
Dec. 2, 2011

A payroll tax cut is one of the most efficient policies for creating jobs and growing the economy

By Loren Adler and Shai Akabas

Jonathan Goldstein contributed to this post.

As Europe stands on the brink of economic collapse, the American economy continues to putter along with slow growth and a relatively stable (though severely elevated) unemployment rate. That is the good news. The flip side is that given the United States’ precarious position, a sudden fall in Europe’s balancing act or any other unforeseen shock could easily throw the nation back into recession.

BPC's Recommendations to the Super Committee
Oct. 27, 2011

Stabilize the Debt l Protect Medicare Act l Pro-Growth Tax Reform l Payroll Tax Holiday l Chained Consumer Price Index

"We believe that a grand bargain would have enormous economic benefits and would also reassure citizens and markets that our political process is functioning in the public interest, not stuck in partisan gridlock...