Gimmick Watch
Latest
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You Can’t Just Wish Away Deficit Effects by Assuming Something is Permanent
Read moreSome lawmakers are making the case that expiring tax cuts should be considered permanent in order to hide the $3.9 trillion increase in deficits that...
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BBB Expirations Could Hide $1 to $2 Trillion of True Costs
Read moreAs negotiations over President Biden’s Build Back Better reconciliation package continue, lawmakers are reportedly considering an extension of the...
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Congress Should Reject the Extenders Approach to Build Back Better
Read moreFor Immediate Release According to news reports, the White House is floating a new framework for its Build Back Better reconciliation package that...
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Reconciliation Requires Tradeoffs, Not Gimmicks
Read moreFor Immediate Release Policymakers are reportedly seeking to shrink the “Build Back Better” reconciliation plan from a proposed $3.5 trillion to...
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Bipartisan, Bicameral Group Requests CBO to Include Debt Servicing Impact in Legislative Cost Estimates
Read moreSenator Mike Lee (R-UT) and Representatives Ed Case (D-HI) and Michael Cloud (R-TX), in a bipartisan and bicameral group of 68 lawmakers, this week...
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Co-Chair Lowey Proposes Reforms to the JSC
Read moreThe Joint Select Committee on Budget and Appropriations Process Reform (JSC) continues to work on its recommendations, which are due at the end of...
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Chartbook: Playing By the (Budget) Rules
Read moreBelow is a Chartbook that corresponds to the paper " Playing By the (Budget) Rules: Understanding and Preventing Budget Gimmicks"
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Goldwein and Moller: How Congress Cheats with Our Money — and How We Can Stop It
Read moreMarc Goldwein is senior vice president and senior policy director and Zach Moller is a senior policy analyst at the Committee for a Responsible...
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Playing By the (Budget) Rules: Understanding and Preventing Budget Gimmicks
Read moreThe breakdown in the federal budget process and erosion of budget discipline have led to the increasingly pervasive reliance on budget gimmicks. While...
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Gimmicks to Look Out For in a Spending Deal
Read moreWith Congress moving toward funding the government for the remainder of fiscal year 2018, pressure is mounting to increase discretionary spending...
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House Tax Plan May Add Over $2 Trillion to the Debt
Read moreNote: This blog has been updated from its original posting to account for the new JCT score and a new estimate for the cost of extending the family...
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Five Gimmicks That May Hide the True Costs of Tax Reform
Read moreThe budget resolution recently passed by Congress sets the stage for fast-track tax reform legislation (a process known as reconciliation) that could...