Rein in Deficits

The federal government usually runs an annual budget deficit, which is measured by the difference between the amount of money it spends and it receives in a given year. Each year’s deficit is added to the total amount the government owes to creditors, known as the national debt. ...More

In some instances it makes good economic sense to run a short-term deficit. But consistent and growing deficits and national debt can hurt the economy. Our Constitution mandates that Congress pass a federal budget every year. It is up to Congress to cut spending and raise revenue in order to stop running a deficit year after year. Over the next few years, lawmakers must begin reducing the national debt and put in place a credible long-term plan to keep the federal budget in balance.

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All the latest content from TCS in Rein in Deficits
Letters & Testimony

Letter to Senate Appropriations Committee: Reject more funding for F-35

July 17, 2014

This week the Senate Appropriations Committee began its consideration of H.R. 4870, the appropriations bill for the Department of Defense... Read More

Letters & Testimony

Cut Back Needless Fossil Subsidies in Energy and Water Bill

July 10, 2014

Cut Back Needless Fossil Subsidies in Energy and Water Bill The Green Scissors coalition urges support for the amendment offered by Rep. Jackie Speier to reduce the Fossil R&D account to FY 2014 levels.... Read More

Letters & Testimony

Support common sense amendments to the Energy and Water Appropriations bill

July 09, 2014

Support common sense amendments to the Energy and Water Appropriations bill Taxpayers for Common Sense recommends an “aye” vote on the following amendments.... Read More

Our Take

TCS Analysis of President’s Supplemental Budget Request

July 08, 2014

TCS Analysis of President’s Supplemental Budget Request Today the Administration submitted to the Congress an emergency supplemental request for $4.3 billion. Here's our ongoing analysis.... Read More

Our Take

White House Releases More Details on Pentagon Slushfund Account

June 26, 2014

White House Releases More Details on Pentagon Slushfund Account Today, after months of delay, the Administration put some flesh to the bones of its Overseas Contingency Operations (OCO) request for fiscal... Read More

Press Releases

Right, Left Groups React to Administration’s War Funding Request

June 26, 2014

Right, Left Groups React to Administration’s War Funding Request TCS joined with groups from the right & left to critique the Administration’s Overseas Contingency Operations (OCO) budget request as out of step with fiscal responsibility... Read More

More in-depth material from TCS in Rein in Deficits
Fact Sheets

$58 billion “Emergency” Overseas Operations Spending equals 5th Largest Federal Agency

June 30, 2014

$58 billion “Emergency” Overseas Operations Spending equals 5th Largest Federal Agency At Taxpayers for Common Sense, we don’t advocate cutting federal spending in one department or agency and moving it to another. But... Read More

Fact Sheets

Pre-cursor Earmarks (?) in the Defense Bill

June 12, 2014

Pre-cursor Earmarks (?) in the Defense Bill Taxpayers for Common Sense combed through the National Defense Authorization legislation, as it was passed by the House of Representatives,... Read More

Fact Sheets

Just the facts about Border “Security” and Immigration Reform

May 27, 2014

Just the facts about Border “Security” and Immigration Reform Immigration reform is a perennial topic at the forefront of the political discourse in Washington. The media reports that there is movement... Read More

Fact Sheets

Top 10 Reasons It’s Time to Re-Think OCO

May 19, 2014

Taxpayers for Common Sense and the National Taxpayers Union are in agreement the Administration and the Congress must re-examine the use of... Read More

TCS appearances in the media in Rein in Deficits

Taxpayer Group Knocks Senate Defense Spending Bill

July 21, 2014 | CQ Roll Call Defense Blog

Taxpayers for Common Sense found fault with the House’s fiscal 2015 Defense spending bill, and the group now has its share of gripes with... Read More

Kingston celebrates, defends record

July 21, 2014 | The Atlanta Journal-Constitution

SAVANNAH --- U.S. Rep. Jack Kingston's answer to one of the crucial questions facing his party is deceptively simple. When asked about... Read More

5 Reasons the Appropriations Process Matters

July 18, 2014 | US News & World Report

Passing spending bills can be tough work, but it's time Congress exercised its legislating muscles.... Read More

Congress won’t have to detail lobbyist trips; Critic says lack of disclosure is effort to avoid accountability

July 17, 2014 | Dayton Daily News (Ohio)

Federal lawmakers and their staffs don't have to be quite as up front about taking lobbyist-funded trips after a change quietly sneaked into... Read More

Travels With Don: The Lobbyists, the Nilgai and the Handsome Ranch Foreman

July 16, 2014 | OpenSecrets.org

In 2004, Randy DeLay was asked by the commissioners of the Port of Brownsville, Texas, to justify his $25,000 monthly lobbying bills. Why... Read More

Weekly Wastebasket

Our weekly reality-check for federal spending. View All

July 18, 2014

Budgeting for Emergencies

Congressional wrangling over the President’s recent $4.3 billion supplemental emergency spending request... Read More