Fiscal Policy and Congress

Charts from CBO's January 2012 Budget and Economic Outlook

View more presentations from Congressional Budget Office

Budget process

• Terms
• Background
• Gail Chaddock on "Budgetless America"
• Expired authorizations

Taxes

• The tax system is progressive
• Recent poll on tax rates
• Deductions, exemptions, and credits
• Form 1040
• Official Tax Tables
• Complexity: Form 1040 instructions
• Lawmakers do not fill out their own returns