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Five Gimmicks That May Hide the True Costs of Tax Reform
Read moreThe budget resolution recently passed by Congress sets the stage for fast-track tax reform legislation (a process known as reconciliation) that could...
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House Releases Responsible Health Package
Read moreAt a time when fiscal restraints are being disregarded, a House bill released yesterday would responsibly pay for extensions of the Children's Health...
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The Mortgage Interest Deduction Should Be on the Table
Read moreAs efforts for tax reform continue, there will be plenty of discussion about which tax breaks should be retained and which should be reduced or...
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FY 2018 Budget Resolution Resources
Read moreThis blog has been updated to reflect new publications as of 10/27/17. Consideration of the congressional budget resolution has drawn to a close on...
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Temporary Expensing is a Budget Gimmick and a Bad Idea
Read moreOne provision included in the $2.2 trillion " Unified Tax Framework" would allow companies to fully deduct or "expense" capital purchases other than...
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Newly-Passed Budget Chooses Gimmicks and Debt over Fiscal Restraint
Read moreFor Immediate Release The House of Representatives passed the Senate-approved budget today. The following is a statement from Maya MacGuineas...
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Is President Trump's Tax Cut the Largest in History Yet?
Read morePresident Trump has often stated that his proposed tax cut will be the largest in history. We previously found his $5.5 trillion framework in April...
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Event Recap: Paying for Tax Reform
Read moreOn October 4, the Committee for a Responsible Federal Budget (CRFB) hosted an event on Capitol Hill on the need to pay for tax reform. The event...
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Senate Budget Is More Irresponsible Than the House
Read moreThe House of Representatives is expected to vote this week to adopt the Senate’s budget resolution, rather than support their own budget resolution...
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Maya MacGuineas: Trump Tax Cuts Could Cost Your Kids Dearly
Read moreMaya 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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How the FY 2018 Budget Could Avoid a Conference
Read moreThe Senate Fiscal Year (FY) 2018 budget resolution passed last night on a 51-49 vote. The budget included a "technical" amendment by Senate Budget...
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Senate Budget Plan Allows for $1.5 Trillion Added to the Debt
Read moreFor Immediate Release Today the Senate passed its Fiscal Year 2018 budget containing reconciliation instructions for tax reform. The following is a...