Taxes
Latest
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Have Deficit Projections Doubled Because of the Tax Bill and BBA 2018?
Read moreChairman of the House Ways and Means Committee Kevin Brady (R-TX) appeared on Fox Business this morning, where he was asked about CRFB's analysis...
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Ways and Means Committee Considering $92 Billion of Tax Cuts
Read moreThe House Ways and Means Committee today is marking up a package of 11 tax bills related to health care. The Joint Committee on Taxation (JCT)...
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After Tax Reform, Tax Expenditures Remain Costly
Read moreThe Joint Committee on Taxation (JCT) recently released its latest tax expenditure estimates. The report shows that despite the 2017 tax law, which...
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Factchecking the Senate Budget Committee Hearing with CBO
Read moreAt least two claims in Wednesday's Senate Budget Committee hearing with Congressional Budget Office (CBO) Director Keith Hall merit fact checking...
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Maya MacGuineas's Testimony on Tax Extenders
Read moreOn March 14, 2018, Committee for a Responsible Federal Budget president Maya MacGuineas testified before the House Ways and Means Tax Policy...
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WATCH: MacGuineas Testifies Before Ways & Means Tax Policy Subcommittee
Read moreMaya MacGuineas, president of the Committee for a Responsible Federal Budget, testified before the House Ways and Means Tax Policy Subcommittee on tax...
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IMF: Tax Bill's Boost to Growth is Short-Term
Read moreThis week, the International Monetary Fund (IMF) released a new estimate of economic growth, revising their short-term estimate upwards because of the...
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Trillion-Dollar Deficits Could Return Next Year, But A Deal Could Make Them Worse
Read moreTrillion-dollar deficits will return next year, and a budget deal in the coming weeks could make them much worse. The continuing resolution (CR) that...
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Three-Week Funding Deal Includes $30 Billion in Tax Cuts
Read moreLawmakers came to a bipartisan agreement to end the federal government shutdown yesterday, but it came with a very high price. The continuing...
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House Continuing Resolution Sets Stage for Over $300 Billion in Costs
Read moreHouse Republicans released a draft continuing resolution (CR) last night to extend current levels of discretionary spending through February 16, which...
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Resources for Tax Reform
Read moreEfforts to reform the tax code are underway, and the legislative process is in full swing. CRFB has been tracking and compiling the scores of each...
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Sizing Up Revenue With the Tax Bill Enacted
Read moreAs lawmakers return for the new year after the enactment of the Tax Cuts and Jobs Act (TCJA), they also face a new budget outlook with significantly...