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

Prohibitions and Limitations and Contingencies, Oh My!

November 05, 2015

Prohibitions and Limitations and Contingencies, Oh My! The “final” version of the Pentagon policy bill is making its way, step by painful step, through the Congress this week. Why are we putting... Read More

Our Take

Bipartisan Budget Agreement Harvests Crop Insurance Savings

October 28, 2015

Bipartisan Budget Agreement Harvests Crop Insurance Savings It looks like crop insurance special interests are trying to scuttle one of the only provisions in the Bipartisan Budget Agreement of 2015... Read More

Our Take

Bipartisan Budget Agreement of 2015 - TCS Analysis

October 27, 2015

Bipartisan Budget Agreement of 2015 - TCS Analysis Oct. 30, 2015 - 10:00am On Wednesday night, the House passed an amended version of the Bipartisan Budget Agreement (BBA) that increases the... Read More

Our Take

The Rules Don’t Apply to Us

October 07, 2015

The Rules Don’t Apply to Us That may well be the rallying cry of the Pentagon budgeteers in the last dozen or more years. And they’ve been aided and abetted in this point... Read More

Letters & Testimony

Call for Public Access to CRS Reports

August 25, 2015

Call for Public Access to CRS Reports August 24, 2015   The Honorable Roy Blunt Chairman Committee on Rules and Administration United States Senate The... Read More

Letters & Testimony

Fannie and Freddie Coalition Letter

August 25, 2015

Fannie and Freddie Coalition Letter     August 25, 2015   Open Letter to the House and Senate: Protect Taxpayers from Another Fannie/Freddie Bailout – Enact the Enterprise... Read More

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

Common Sense Cuts for the 114th Congress

April 15, 2015

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

Reports & Data

Effective Tax Rates of Oil & Gas Companies: Cashing in on Special Treatment

July 30, 2014

From 2009 through 2013, large U.S.-based oil and gas companies paid far less in federal income taxes than the statutory rate of 35 percent.... Read More

Fact Sheets

Just the facts about the Effective Tax Rate for Oil & Gas Companies

April 21, 2014

The effective tax rate (ETR) sounds like it measures what oil companies are paying to Uncle Sam. What a company’s ETR actually measures is... Read More


A Century of Subsidies for the Oil & Gas Industry

April 18, 2014

The oil and gas industry has been getting subsidies for almost a century. We can't afford special treatment for profitable companies. The time has come to end taxpayer subsidies for the industry.... Read More

TCS appearances in the media in Budget & Tax

Congress Poised for Rare Success, Dodges Gas Tax Hike to Pay for Roads

November 16, 2015 | The Washington Post

Congress is poised for a rare moment of bipartisan glee this week with the expected passage of a long-elusive bill that will fund highway and... Read More

The National Defense Authorization Act

November 12, 2015 | Capital Insider

WASHINGTON — President Obama is expected to sign the latest version of the NDAA that passed through the Senate. This is the second go around... Read More

What Tax Deductions Do You Give Up for Flat Rate?

November 12, 2015 | CBS - Money Watch

The flat tax is a longtime Republican hobby-horse that may appear to be gaining some actual legs. Presidential candidates ranging from Ben... Read More

4 Things to Like in the Budget Deal

November 06, 2015 | U.S. News & World Report

In her recent post on this blog, Taxpayers for Common Sense President Ryan Alexander says there's not much to like about the recent White... Read More

Playing Budget Games with Defense Spending Doesn’t Help the Pentagon

November 03, 2015 | U.S. News & World Report

Pumping up the Defense Department's coffers through off-budget chicanery doesn't help solve the Pentagon's problems.... Read More

Weekly Wastebasket

Our weekly reality-check for federal spending. View All

November 25, 2015

10 Ways Congress Can Earn Taxpayers’ Thanks

It’s Thanksgiving week. At Taxpayers for Common Sense, we thought we’d do what so many Americans do at this time... Read More

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The President’s Budget for FY2015

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

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