FAA Bill Should Not Turn Into an April Christmas Tree
Update: The Congressional Budget Office has released its score of the Senate FAA bill, estimating that it would reduce ten-year deficits by a...
Tax Extenders
Dec 24, 2015 | Blog Paper Press Release | Budgets & Projections| Health Care| Other Spending| Taxes| Budget Process
2015’s Fiscal Follies and Reasons for Hope
It’s the end of the year and like so many organizations, CRFB wanted to share with you our top 10 list: a look back at Congress’s 10 top fiscal...
Policymakers Dig Hole $1.2 Trillion Deeper in 2015
With debt already around its highest level as a share of Gross Domestic Product (GDP) other than around World War II and estimated to grow with no...
Expectations Vs Reality For the FY 2016 Budget
With the first session of the the 114th Congress rapidly drawing to a close and the big budget issues being settled, we will take a look at how the...
The Fiscal Irresponsibility of the Tax Deal in 6 Charts
It's no surprise that a deficit-financed tax cut deal costing $830 billion after interest would be bad for the budget. We've been describing...
Negotiated Tax Deal Would Cost $680 Billion
Lawmakers have announced a negotiated package of business and individual tax breaks costing about $680 billion over ten years. After interest, we...
Hoyer Slams Tax Extenders Deal
House Minority Whip Steny Hoyer (D-MD) took to the House floor on Tuesday to assert his opposition to a potential tax extenders deal, citing a recent...
Tax Extenders Deal Might End Up Adding $4 Trillion to the Debt
The $700 billion price tag on the rumored deal to permanently extend expired tax breaks might actually be underselling just how expensive the package...
Short-Term Extenders Package Is Still Irresponsible
Faced with the possible opposition over a $700 billion deal to extend permanently some of the expiring "tax extenders", Congress may...
Senate Democrats Ask for Extenders to be Offset
Last week Senators Tammy Baldwin (D-WI), Sheldon Whitehouse (D-RI), Jack Reed (D-RI), Angus King (I-ME), and Elizabeth Warren (D-MA), sent a letter...