Dylan Matthew on the Congressional Deficit Turkey Vultures

Ezra Klein - Research desk compares: What's the fiscal impact of estate tax cuts vs. unemployment insurance?





Dylan:







What's the fiscal impact of estate tax cuts vs. unemployment insurance?: The unemployment extension proposal that Harry Reid is trying to pass has a one-time cost of $33 billion. That's for one year, and then the additional cost vs. the baseline is zero thereafter. So let's compare that temporary bump up in the deficit with four proposals (PDF) for reforming the estate tax. The first is outright repeal. The second, proposed by John McCain in the presidential election, would...

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Published on July 14, 2010 17:53
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