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

Comments to House Ways and Means Committee 2013 Tax Reform Working Groups

April 15, 2013

Comments to House Ways and Means Committee 2013 Tax Reform Working Groups The House Ways and Means Committee created eleven tax reform working groups to focus on select issues within the U.S. tax code as part of... Read More

Our Take

TCS Analysis of the FY14 Presidential Budget Request

April 10, 2013

TCS Analysis of the FY14 Presidential Budget Request Taxpayers for Common Sense staff will be combing through the budget over the next several hours and days and bringing to light various... Read More

Letters & Testimony

Support Bill to Prioritize Payments on U.S. Debt

April 02, 2013

Support Bill to Prioritize Payments on U.S. Debt Today, TCS sent a letter to Rep. McClintock supporting his bill to prioritize payments on U.S. debt.... Read More

Letters & Testimony

Joint Letter to the Senate: Support Crop Insurance Transparency

March 21, 2013

Joint Letter to the Senate: Support Crop Insurance Transparency Taxpayers for Common Sense and eight other fiscal conservative organizations urge support for a crop insurance transparency amendment. ... Read More

Our Take

Fiscal Year 2013 Continuing Resolution/Spending bills

March 20, 2013

Fiscal Year 2013 Continuing Resolution/Spending bills The current CR and spending bills theoretically mimic the FY13 appropriations bills, but we’ve started looking to see where lawmakers added and subtracted dollars.... Read More

Letters & Testimony

Defense Savings Strengthen Our Economic Security

February 06, 2013

Defense Savings Strengthen Our Economic Security February 6, 2013 Dear Member of Congress, On behalf of the undersigned organizations and... Read More

More in-depth material from TCS in Budget & Tax
Policy Brief

Analysis of Selected Sections of S. 601, Water Resources Development Act of 2013

March 20, 2013

Analysis of Selected Sections of S. 601, Water Resources Development Act of 2013 The Senate's Environment and Public Works committee is taking up a water project bill that could cost taxpayers billions.... Read More

Policy Brief

Fiscal Cliff Fix

December 05, 2012

Fiscal Cliff Fix Congress and the President do not need to plunge taxpayers off a “Fiscal Cliff”. Common sense solutions can make government work and put the country on sound footing to deal with our deficits and debt.... Read More

Fact Sheet

Political Power of the Agribusiness and Crop Insurance Lobbies

October 31, 2012

Political Power of the Agribusiness and Crop Insurance Lobbies The so-called Farm Bill currently being negotiated in Congress is shaping up to be another taxpayer-funded handout to wealthy landowners,... Read More

Fact Sheet

Haves and Have-Nots in Federal Crop Insurance

October 31, 2012

Haves and Have-Nots in Federal Crop Insurance Federally subsidized crop insurance has become the largest taxpayer support for agriculture. But not all parts of the agriculture industry... Read More

TCS appearances in the media in Budget & Tax

The Truth-O-Meter Says: Will Weatherford says expanding Medicaid would ‘drastically’ expand country’s deficit

May 17, 2013 | PolitiFact

The Florida House did the nation a solid by refusing to expand subsidized health insurance to 1 million low-income Floridians, argues... Read More

Louisiana lawmakers vow to fight again for flood insurance measure

May 15, 2013 | Gannett News Service

WASHINGTON — Louisiana’s two senators vowed Tuesday to continue the battle to delay rate hikes in flood insurance policies after a... Read More

Landlords Double as Energy Brokers

May 14, 2013 | The New York Times

The trophy high-rises on Madison, Park and Fifth Avenues in Manhattan have long commanded the top prices in the country for commercial real... Read More

5 key players in IRS mess

May 14, 2013 | POLITICO

It's not every day that the central figures in a Washington scandal are the people who speak Tax Code jargon for a living. But now that... Read More

Water bill could see smooth sailing in Senate, despite critics

May 10, 2013 | McClatchy Washington Bureau

Amid sharply partisan exchanges over guns, immigration and the federal budget, the debate that began in the Senate this week over a water... Read More

Weekly Wastebasket

Our weekly reality-check for federal spending. View All

April 12, 2013

Budgetpalooza

Volume XVIII No. 15: Two months late, the president’s budget request joins the separately adopted House and... Read More