GOP Jumps on Minimum Wage Job-Loss Report
The CBO report said boosting the minimum wage may cost as many as 500,000 people their jobs.
CBO Report: Wealthiest Americans’ Income Growth Outpaces Middle Class
The CBO reports that the richest 1% of Americans have been getting far richer over the last three decades while the middle class and poor have seen their after-tax household income crawl up in comparison.
CBO Chief Elmendorf Testifies on Tax and Deficit Projections
Doug Elmendorf's testimony before the Senate took a look at federal tax rates, tax bracket percentages and federal spending as a percentage of GDP in the recent past, as well as how these issues are trending for the near future.