Statements Archive
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Congress Expands High-Income Tax Shelters, Drops Children’s Health Care from Final "Tax Extenders" Bill
December 7, 2006
Revise December 8, 2006 CONGRESS EXPANDS HIGH-INCOME TAX SHELTERS, DROPS CHILDREN’S HEALTH CARE FROM FINAL "TAX EXTENDERS" BILL In closed-door negotiations on the “tax extenders” package, bipartisan House and Senate negotiators added an expansion of Health Savings … -
Statement by Robert Greenstein on the Commerce Department’s New GDP Figures
October 27, 2006
Today's announcement of a marked slowdown in recent growth follows upon Labor Department figures issued earlier this month showing that job growth has slowed significantly in 2006. These figures contribute to the mounting evidence that the economy has performed relatively poorly during the … -
Statement of Robert Greenstein in Response to Announcement of the 2006 Deficit Figure
October 11, 2006
"The announcement seems like good news, but it's more of a temporary blip than real progress. The improvement in the deficit may not extend even beyond this year, and the long-term outlook remains bleak. Despite Administration assertions, the evidence indicates this temporary improvement has … -
Statement Robert Greenstein on Pension Conference Agreement
Revised July 31, 2006
The pension conference agreement announced today includes the permanent extension of provisions enacted in 2001 that expand tax-preferred retirement and education savings accounts. But the conference agreement includes no offsets to pay for the cost of these tax cuts. It uses deficit … -
Statement by Robert Greenstein: House Leadership Invokes “Martial Law,” Forcing Members to Vote on Key Bills Without Full Knowledge of What They Are Voting On: Move Represents Erosion Of The Democratic Process
July 28, 2006
The House Republican Leadership has announced its intention to have the House vote, before adjourning on Friday or Saturday, on several major pieces of legislation that are not yet available to House members in final form because behind-closed-door negotiations on the proposals are still going on.… -
CBPP Statement on the New TANF Regulations Issued Today by the Department of Health and Human Services
June 28, 2006
Today the Department of Health and Human Services issued new regulations related to the Temporary Assistance for Needy Families (TANF) program. These new regulations are intended to provide specifics to states about how they will be measured against the new requirements placed on … -
Statement of Robert Greenstein on the Tax-Cut Reconciliation Agreement
Revised May 11, 2006
This indefensible agreement provides a windfall for the most well-off but little or nothing for most other Americans, relies on budget gimmicks to help mask its long-term costs, and will further increase our already large and unsustainable deficits. Analysis by the Urban Institute – Brookings … -
Statement of Robert Greenstein, Regarding The Social Security and Medicare Trustees’ Report
May 1, 2006
Today’s report is another reminder of the serious long-term fiscal challenges the nation faces. Overall federal budget deficits will swell as the baby boom generation retires, medical costs continue their rapid ascent, and the growth of the U.S. workforce slows as a result of the aging … -
Press Release: Joint Statement Opposing Potential Budget Gimmick
March 28, 2006
Issued Jointly With Congress is contemplating a gimmick that would circumvent existing budget enforcement rules in the Senate and increase long-term deficits. House and Senate conferees on the reconciliation tax bill are considering a proposal to offset part of the short-term revenue loss (in 2011 through 2015) from one tax cut by enacting another …
