Budget & TaxBudget & Tax

Budgets are about more than numbers, they are a reflection of our priorities. Each year, the President and Congress make decisions about which federal programs to fund. These budget choices should all be transparent and accountable to the nation’s taxpayers. During the 112th Congress, lawmakers ...More

approved significant spending cuts over the next decade. There are many different options Congress will consider as it tackles the $16 trillion national debt that is inhibiting our nation’s overall economic growth.

Tax policy has emerged as one of the few areas that both political parties agree needs considerable reform. Over the years, the nation’s tax code has become littered with special interest tax breaks known as “tax expenditures.” Lawmakers must address the profusion of specialized tax breaks that cost taxpayers more than $1 trillion in revenue every fiscal year. A simpler, flatter, fairer tax code will better serve taxpayers.

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All the latest content from TCS in Budget & Tax
Letters & Testimony

Committee Votes Should be Recorded For Legislation Approving More Than $100 Million

September 14, 2016

Committee Votes Should be Recorded For Legislation Approving More Than $100 Million TCS joined other fiscal conservative organizations to tell Congress they should require a recorded committee vote on legislation approving... Read More

Letters & Testimony

Coalition Decries Provision to Relax Pentagon FOIA Rules

August 24, 2016

Coalition Decries Provision to Relax Pentagon FOIA Rules TCS joins 40 organizations from across the political spectrum to decry provisions that would let the Pentagon skirt recently strengthened... Read More

Letters & Testimony

Fiscal Conservative Coalition Tells Congress to Scrap OCO Deadline Gimmick

July 12, 2016

Fiscal Conservative Coalition Tells Congress to Scrap OCO Deadline Gimmick On Tuesday, Taxpayers for Common Sense joined with 17 other fiscal conservative organizations in sending a letter to all members of Congress... Read More

Letters & Testimony

TCS Tells Lawmakers: Oppose Efforts to Limit Tax Reform Options

June 09, 2016

TCS Tells Lawmakers: Oppose Efforts to Limit Tax Reform Options TCS sent the letter below to lawmakers urging them to vote NO on H.Con.Res.89, which would limit tax reform options by keeping a carbon tax off the table.... Read More

Our Take

Senate Considers FY17 Defense Authorization Bill

June 08, 2016

Senate Considers FY17 Defense Authorization Bill Just when we thought some fiscally responsible ideas might be bubbling to the top in the United States Senate, our hopes have been dashed all... Read More

Letters & Testimony

Right/Left Coalition Supports Three Amendments to FY17 NDAA

May 16, 2016

Right/Left Coalition Supports Three Amendments to FY17 NDAA On Monday, 13 organizations spanning the political spectrum sent a joint letter to the House Rules Committee in support of three amendments to... Read More

More in-depth material from TCS in Budget & Tax
Reports & Data

Impact of Federal Budget Gimmicks: Changes in Mandatory Program Spending (ChIMPS)

October 31, 2016

  In budgetary parlance, ChIMPS refers to the process of using annual spending bills to limit spending on a mandatory spending program... Read More

Reports & Data

Reform the Tax Code

September 22, 2016

The U.S. tax code last underwent a major overhaul 30 years ago. Today, it is a confusing thicket of narrow carve-outs, parochial preferences,... Read More

Tax Reform Turns 30

September 08, 2016 > Updated: September 08, 2016

Event | Showdown at Gucci Gulch Revisited: Lessons Learned from 1986 Tax Reform  On September 22, 2016, Taxpayers for Common Sense held... Read More

Reports & Data

Common Sense Cuts for the 114th Congress

April 15, 2015

Silencing Sequester Scaremongers with $2 trillion in Deficit Reduction... Read More

TCS appearances in the media in Budget & Tax

BLOG | No More Budget Anomalies

November 30, 2016 | U.S. News and World Report

In the hustle and bustle of the modern world, where one can ask an electronic assistant to turn on our lights, turn up the heat or recite... Read More

Here’s What Could Scuttle Trump’s Big Spending Plans

November 11, 2016 | The Fiscal Times

Until now, President-elect Donald Trump has been dealing with play money in outlining his vision for government spending and tax... Read More

BLOG | United Yet Divided

November 10, 2016 | U.S. Weekly & World Report

Last week, I wrote in this space that whatever the outcome of the election, the president-elect and the new Congress need to look for ways... Read More

BLOG | Common Ground After 2016

November 03, 2016 | U.S. News and World Report

The next president can solve problems and undercut cynicism by focusing on areas ripe for reform.                   Even the... Read More

Americans for Prosperity falsely claims 250 tax increases from Russ Feingold

October 30, 2016 | True Viral News

Democrat Russ Feingold spent nearly two decades in the U.S. Senate, and is now trying to win back his old seat from Republican Ron Johnson,... Read More

Weekly Wastebasket

Our weekly reality-check for federal spending. View All

November 18, 2016

Budget Through the Looking Glass

The Presidential transition is ongoing and Republican leadership is moving more work into the next Congress when... Read More

TCS Rated 4-Star Charity!

The President’s Budget for FY2015

The President's proposed budget for fiscal year 2015 is out. Get the facts and see our analysis.

Our Take