Taxes
Latest
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Tax Extender Package Could Lead to $710 Billion of More Debt
Read moreUpdate 6/24/2019: During markup, the Ways & Means Committee added an amendment further increasing the child tax credit for young children, at an...
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Tax Extenders Package Could Add Half a Trillion Dollars to the Debt
Read moreThe House Ways and Means Committee is scheduled to mark up legislation to revive special interest tax breaks known as “tax extenders” this week while...
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Lawmakers Shouldn't Repeal Cadillac Tax Without Substantial Offsets
Read moreA bill to repeal the "Cadillac tax" on high-cost health insurance plans may soon get a vote on the House floor. This tax was an important part of the...
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Representative Blumenauer Introduces Bill to Shore Up the Highway Trust Fund
Read moreRepresentative Earl Blumenauer (D-OR) has introduced the Rebuild America Act, which would raise the excise taxes on gasoline and diesel fuel five...
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Reviving Expired Tax Extenders Could Cost $150 Billion
Read moreFor years, Washington has resigned itself to a patchwork of tax policy in place for one or two years at a time, allowing niche temporary tax...
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Joint Letter: Don't Revive the Expired Tax Extenders
Read moreBelow is a joint letter sent today to Congressional leadership and the heads of the taxwriting committees urging them against reviving the temporary...
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Was the Federal Reserve’s Monetary Tightening Unprecedented?
Read moreIn a Wall Street Journal op-ed, House Ways and Means Committee Ranking Member Kevin Brady (R-TX) and former National Economic Council director Larry...
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Written Testimony on Our Nation's Crumbling Infrastructure and the Need for Immediate Action
Read moreThe Committee for a Responsible Federal Budget submitted testimony for the record pertaining to the House Ways and Means Committee hearing on "Our...
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Tax Cut and Spending Bill Could Cost $5.5 Trillion Through 2029
Read moreThe 2017 tax cut and the 2018 spending bill loom large in the latest Congressional Budget Office (CBO) outlook; the two pieces of legislation as...
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Tyler Evilsizer: Putting the Trump Tax Cuts Will Pay For Themselves Myth To Bed
Read moreTyler Evilsizer is deputy policy director at the Committee for a Responsible Federal Budget. He recently wrote an opinion piece for The Hill , an...
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Leave Tax Extenders in the Past
Read moreSome in Congress reportedly want to revive a package of narrow tax breaks that expired 14 months ago, at the end of 2017, known as “tax extenders.”...
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House to Vote on $100 Billion Lame Duck Tax Package
Read moreThe House will likely consider a package of lame duck tax cuts costing almost $100 billion over ten years. About half of the cost comes from delaying...