https://pjmedia.com/tatler/2011/07/11/its-just-a-matter-of-definition/feed/PJ Media is a leading news site covering culture, politics, faith, homeland security, and more. Our reporters and columnists provide original, in-depth analysis from a variety of perspectives.en-usWed, 10 Jun 2026 06:37:45 -0400<![CDATA[During the question and answer session following a panel discussion broadcast by CSPAN featuring past heads of the CBO going back at least 20 years, a well-spoken young woman, introducing herself as a representative for the Concord Coalition, made a statement and asked a question that involved the term &#8220;tax expenditures&#8221;.  For those not familiar with the term, tax expenditures are &#8220;(r)evenue losses suffered by the federal government as a result of provisions of the Internal Revenue Code which grant special tax benefits to certain kinds of taxpayers or certain activities engaged in by taxpayers. This approach recognizes that such provisions are the economic equivalent of a collection of the forgiven tax liability and a simultaneous direct budget outlay to the benefited taxpayers.&#8221;]]>Mon, 11 Jul 2011 14:10:12 -0400<![CDATA[stephenlclark]]>https://pjmedia.com/stephen-l-clark/2011/07/11/its-just-a-matter-of-definition-n150154