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What Is a Reasonable Amount of Dynamic Revenue For Tax Reform?
Thoughtful tax reform has the potential to increase the size of the economy, lifting wages and incomes while also generating more tax revenue for the...
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Seven Resolutions for the Fiscal New Year
October 1 marked the start of Fiscal Year (FY) 2018. While FY 2017 saw very little major legislation passed, a new year brings new opportunities...
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How the House and Senate Budgets Stack Up
With the release of the Senate budget resolution, we now have the two Congressional budgets that will set up the budget process for the rest of the...
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Senate Budget Committee Releases FY 2018 Budget
Senate Budget Committee Chairman Mike Enzi (R-WY) released the Fiscal Year (FY) 2018 Senate budget resolution today. The budget proposes $3.3 trillion...
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The Senate Budget Is Not Responsible
For Immediate Release Today the Senate released a budget resolution that will pave the way for tax reform. The following is a statement from Maya...
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Big 6 Tax Framework Could Cost $2.2 Trillion
The so-called "Big 6" today released their framework for comprehensive tax reform. While significant detail still needs to be filled in, enough exists...
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Tax Blueprint Must Focus More on Offsets
For Immediate Release Today the “Big 6” unveiled a blueprint for tax reform. The following is a statement from Committee for a Responsible Federal...
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Maya MacGuineas: Congress, Dump the Budget Gimmicks – We Need Real Reform
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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Maya MacGuineas: Missed Opportunity to Use Health Care, Tax Policies to Stop Debt Growth
Headlines were made recently when the gross national debt topped $20 trillion for the first time. You would think this ominous milestone might give...
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Comparing the Reconciliation Instructions in the Congressional Budgets
With news that the Senate Budget Committee has agreed to reconciliation instructions for a $1.5 trillion tax cut, policymakers seem poised to...
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The Feldstein-Feenberg-MacGuineas Cap Could Be Useful for Tax Reform
As lawmakers gear up for tax reform, they will need options to broaden the tax base and ensure that tax reform doesn’t add to debt. The traditional...
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Debt Would Equal the Economy in 2028 With Senate Tax Cut
It has been reported that Senate Budget Committee has agreed to include reconciliation instructions allowing a tax cut of $1.5 trillion in the Senate...