Contrary to “Entitlement Society” rhetoric, over nine-tenths of entitlement benefits go to elderly, disabled, or working households

by Arloc Sherman, Robert Greenstein, and Kathy Ruffing

In recent years, official scorekeepers and academic researchers have devoted increased attention to the macroeconomic effects of tax cuts. The Treasury also conducted a “dynamic analysis” of the President’s tax cuts that was included in this year’s Mid-Session Review of the budget as well as in a separate Treasury report.