Latest
-
December Should Not Become Blow Up the Debt Month
Read moreFor Immediate Release As we enter December, lawmakers are looking to address a number of year-end priorities. Unfortunately, the legislative agenda...
-
Comparing the Two Versions of the Tax Cuts and Jobs Act Headed to Conference
Read moreThe 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...
-
Senate Tax Bill Could Ultimately Cost Up to $2 Trillion
Read moreThe 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...
-
CRFB Reaction to Senate Tax Bill
Read moreFor Immediate Release The Senate unveiled a revised tax reform bill Friday. The following is a statement from Maya MacGuineas, president of the...
-
No Estimate Shows Tax Bills Would Pay For Themselves
Read moreThe Joint Committee on Taxation (JCT) released an official dynamic estimate of the Tax Cuts and Jobs Act (TCJA) yesterday as reported by the Senate...
-
December Legislation Could Bring Back Trillion-Dollar Deficits
Read moreCongress has a lot on its plate this holiday season. Sadly, they seem far more focused on legislation to increase our post-war record-high national...
-
JCT Score Shows Tax Bill Would Cost $1 Trillion After Economic Growth
Read moreFor Immediate Release The Joint Committee on Taxation (JCT) released its dynamic score of the Senate Finance Committee-passed Tax Cuts and Jobs Act...
-
Official Dynamic Score Shows Senate Tax Bill Will Still Cost Over $1 Trillion
Read moreThe Joint Committee on Taxation (JCT) has released its official dynamic score of the Senate tax plan as passed by the Senate Finance Committee...
-
Alan Simpson and Erskine Bowles: A Moment of Truth for our Country’s Financial Future
Read moreAlan Simpson is a former Republican senator from Wyoming. Erskine Bowles served as chief of staff to President Bill Clinton from 1997 to 1998. They co...
-
Five Ways to Improve the Senate Tax Bill
Read moreThe current Senate version of the Tax Cuts and Jobs Act (TCJA) would add too much to the debt, but several improvements could make the bill both more...
-
Can Tax Reform Generate 0.4% Additional Growth?
Read moreWell-crafted tax reform would improve economic growth. While pro-growth tax reform can generate some revenue to the Treasury from the added growth, as...
-
The Senate Should Not Vote on Tax Reform Without a Dynamic Score
Read moreIn the coming weeks, the Senate is expected to vote on its version of the Tax Cuts and Jobs Act, which the Joint Committee on Taxation (JCT) has...