Latest
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Policymakers Can Still Change Course and Pass a Responsible Tax Plan
For Immediate Release The conference committee on the Tax Cuts and Jobs Act has reportedly reached an agreement on principle today as the committee...
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With Debt Limit Reinstated, It's Time for Reform
As lawmakers go to conference for the tax bill, an important issue has flown under the radar. The debt limit was reinstated on December 9 after the...
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JCT's Latest Analysis Confirms Tax Bills Will Produce Modest Growth, Won't Pay For Themselves
The Joint Committee on Taxation (JCT) released its dynamic analysis of the House's version of the Tax Cuts and Jobs Act (TCJA) yesterday. JCT's...
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Maya MacGuineas: An Opportunity to Improve the Tax Bill While Replacing the PAYGO Sequester
Maya MacGuineas is president of the nonpartisan Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently...
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The Year-End Debt Dilemma
As the year comes to a close, lawmakers have a number of legislative deadlines and a variety of issues they need or want to address – many of which...
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Discretionary Cap Deal Could Cost Over $100 Billion Per Year
Lawmakers are reportedly considering a year-end deal to repeal the sequester and increase discretionary spending potentially as much as $230 billion...
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Policymakers Should Reform Student Loan Programs
Lawmakers will need offsets to keep year-end legislation from substantially worsening the debt, and one area we've suggested in our Mini-Bargain and...
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Treasury Department Report Assumes Instead of Analyzing
For Immediate Release Today, the Treasury Department’s Office of Tax Policy issued a finding that claims the Senate Finance Committee's tax reform...
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The Tax Bill Conference Committee Can Make The Final Bill Responsible
Both the House and Senate versions of the Tax Cuts and Jobs Act (TCJA) as currently written would cost nearly $1.5 trillion on a conventional basis...
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December Should Not Become Blow Up the Debt Month
For Immediate Release As we enter December, lawmakers are looking to address a number of year-end priorities. Unfortunately, the legislative agenda...
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Comparing the Two Versions of the Tax Cuts and Jobs Act Headed to Conference
The House and Senate have each passed their own version of the Tax Cuts and Jobs Act, and lawmakers from each chamber will have to iron out the...
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Senate Tax Bill Could Ultimately Cost Up to $2 Trillion
The final Senate version of the Tax Cuts and Jobs Act (TCJA) would cost $1.45 trillion under conventional scoring and over $1 trillion on a dynamic...