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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Our Take

The President’s FY2018 ‘Skinny Budget’ Analysis

March 15, 2017

The President’s FY2018 ‘Skinny Budget’ Analysis With 20 years of experience, TCS staff will be combing through the President's fiscal year (FY) 2018 'skinny' budget and posting our... Read More

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

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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

Trump’s ‘Skinny’ Budget Disappoints But There’s Still Good News on Spending

March 22, 2017 | U.S. News & World Report

The Pentagon is backing away from expensive F-35s in its latest budget request.... Read More

Iowa Lawmakers Vow to Study Local Impact of Trump’s Proposed Budget Cuts

March 22, 2017 | The Daily Nonpareil

WASHINGTON — After President Donald Trump proposed deep cuts to domestic spending programs, Iowa lawmakers were quick to point out that the... Read More

Lockheed Martin CEO: Trump ‘Absolutely’ Helped Cut F-35’s Cost

March 22, 2017 | Business Insider

Lockheed Martin CEO Marillyn Hewson said that President Donald Trump "absolutely" made a difference in the savings and timelines for... Read More

CARLTON FLETCHER: Fleecing of American Taxpayers Continues

March 18, 2017 | The Albany Herald

OPINION: Partisan politics trumps elimination of real government waste... Read More

Trump’s Cuts: The Good, the Bad and the Bizarre

March 17, 2017 | Politico Magazine

The federal government oversees a slew of development programs for rural America, so it may seem odd that it also funds separate rural... Read More

Weekly Wastebasket

Our weekly reality-check for federal spending. View All

March 24, 2017

Performance Budgeting

Most of the coverage of President Trump’s “skinny” budget focused on spending cuts, eliminated agencies, and... Read More

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The President’s Budget for FY2018

The President's proposed budget for fiscal year 2018 is out. Get the facts and see our analysis.

Our Take