At least for the next year or so, nearly every household with an income below $500,000 is likely to get at least a tiny tax cut. ...more

February 15, 2009

As a conservative economist, I might be expected to oppose a stimulus plan. In fact, on The Washington Post op-ed page in October, I declared my support for a stimulus. But the fiscal package now before Congress needs to be thoroughly revised. In its current form, it does too little to raise national spending and employment. It would be better for the Senate to delay legislation for a month, or even two, if that's what it takes to produce a much better bill. ...more

February 1, 2009

A camel, they say, is a horse designed by committee. To take the expression further, let's call it a committee of experts. After all, only "experts" could take something as graceful as a horse and replace it with something as difficult as a camel. ...more

January 4, 2009

There's a great unknown about Sen. John McCain's health plan: How many employers would drop insurance coverage for their workers because of his tax policies? ...more

July 7, 2008