Tax Extenders Should Not Add to the Deficit
For Immediate Release
The House of Representatives is considering this week the Retirement, Savings, and Other Tax Relief Act of 2018, which revives...
Tax Extenders
Beware the Budget Busters in the Lame Duck
The lame duck Congress will return to Washington with an important to-do list that includes either finishing the seven unfinished appropriation bills...
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...
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...
Trillion-Dollar Deficits Could Return Next Year, But A Deal Could Make Them Worse
Trillion-dollar deficits will return next year, and a budget deal in the coming weeks could make them much worse. The continuing resolution (CR) that...
Health Package Sets Stage For Nearly $600 Billion of Costs
Ways and Means Committee Republicans have offered a package of health legislation that would delay several Affordable Care Act (ACA or "Obamacare")...
Current Policy Gimmick Would Add Half-Trillion to Debt
Some tax cutters would like tax reform to embrace a troubling budget gimmick: a current policy baseline. Congressional leaders have set a revenue-...
Budget Will Be Difficult to Balance Without ACA Savings
For the past three years, Republicans have proposed budgets with a goal of achieving balance within the next decade. However, that goal will be much...
Lowering the Bar for "Revenue Neutral" Tax Reform
One of the key questions of comprehensive tax reform will be its budgetary target. Congressional leaders have set a revenue-neutral target,...
Expanding Medical Deduction Would Add to Debt
Congress is at it again - proposing to extend tax breaks without paying for them, and add new ones in the process. Today, the House voted to expand...