Taxes
Latest
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Further Debt-Financed Tax Cuts Beyond Irresponsible
For Immediate Release Today, the House is scheduled to vote on the first of several of health-related tax cuts, which could total over $100 billion...
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Have Deficit Projections Doubled Because of the Tax Bill and BBA 2018?
Chairman 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
The 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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The Deficit Is Not "Coming Down Rapidly"
This morning, White House National Economic Council Director Larry Kudlow appeared on Fox Business and made the following claim (emphasis added): "As...
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After Tax Reform, Tax Expenditures Remain Costly
The 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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Is CBO "Always Wrong" Because It Doesn't Understand Growth?
In dismissing projected trillion-dollar deficits, National Economic Council director Larry Kudlow recently claimed that one should "never believe the...
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Factchecking the Senate Budget Committee Hearing with CBO
At 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
On 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
Maya 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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Post-State of the Union Fact Check Roundup
The President's first State of the Union address included several claims related to the recently passed tax legislation, including a few repeat claims...
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IMF: Tax Bill's Boost to Growth is Short-Term
This 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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$30 Billion in Debt is a High Price to Reopen the Government
For Immediate Release The House and Senate have passed a short-term continuing resolution extending discretionary funding through February 8. The...