Senate
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Maya MacGuineas's Senate Testimony on Saving Social Security
Read moreOn June 9, Committee for a Responsible Federal Budget president Maya MacGuineas will testify before the Senate Budget Committee on "Saving Social...
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Watch Live: Committee President Maya MacGuineas Testifies on Saving Social Security
Read moreOn June 9 at 11 am EDT, Committee for a Responsible Federal Budget president Maya MacGuineas will testify before the Senate Budget Committee on saving...
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Can a Carbon Tax Fund Climate Investments?
Read moreThough the Senate will not consider the House-passed Build Back Better Act (BBB), there has been some discussion of reviving the legislation’s climate...
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Heritage Foundation Releases 2022 Budget Blueprint
Read moreThe Heritage Foundation recently released their 2022 Budget Blueprint, a list of over 200 specific policy proposals that would “roll back excessive...
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New SALT Proposals Would Improve House Bill
Read moreSo far, nearly every proposal introduced or suggested to change the state and local tax (SALT) deduction cap would be unnecessarily costly and...
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Two-Thirds of the “One Percent” Get a Tax Cut Under Build Back Better, Due to SALT Relief
Read moreLast month, we showed that the House-passed Build Back Better Act would cut taxes for roughly two-thirds of those earning more than $1 million per...
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Senate Should Make Build Back Better, Better
Read moreFor Immediate Release The Senate this month is planning to consider the $2.4 trillion Build Back Better Act, which passed the House of Representatives...
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"Revenue Neutral" SALT Cap Relief is Costly and Regressive
Read moreSeveral senators are apparently pursuing " revenue neutral" state and local tax (SALT) deduction cap relief, meaning the cost of increasing the SALT...
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UPDATE: Build Back Better Visualized
Read moreUPDATE 12/10: Since this analysis was published, the Congressional Budget Office (CBO) has issued a correction to their initial estimate of H.R. 5376...
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Two-Thirds of Millionaires Get a Tax Cut Under Build Back Better, Due to SALT Relief
Read moreThis week, the Tax Policy Center (TPC) released new estimates for how the Build Back Better Act will affect the tax burden of individuals at various...
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Build Back Better Visualized
Read moreLast week, the White House released a $1.75 trillion framework for the reconciliation bill currently working its way through Congress. When combined...
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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...