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

FY18 President Trump’s First Full Budget | Live Analysis

May 22, 2017 > Updated: May 22, 2017

FY18 President Trump’s First Full Budget | Live Analysis Stay tuned for live developments as we analyze President Trump's first full budget request for FY2018.... Read More

Our Take

FY2017 Omnibus - TCS Analysis

May 01, 2017

FY2017 Omnibus - TCS Analysis With 20 years of experience, TCS staff will be combing through the FY2017 Omnibus spending plan and posting our observations and analyses... Read More

Letters & Testimony

Letter | Endorsing Rep. McMorris Rodgers (R-WA) Unauthorized Spending Accountability (USA) Act.

April 26, 2017

Letter | Endorsing Rep. McMorris Rodgers (R-WA) Unauthorized Spending Accountability (USA) Act. Taxpayers for Common Sense and 21 other organizations sent the following letter to Representative Cathy McMorris Rodgers (R-WA), in support... Read More

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

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

Subscribe to our Newsletter

August 01, 2016

The Weekly Wastebasket newsletter is a weekly online commentary highlighting a timely budget problem -- along with our solutions. The... Read More

TCS appearances in the media in Budget & Tax

Double-Counting Growth

May 24, 2017 | Fact-Check.Org

How does President Donald Trump’s proposed budget reach a balance in 10 years, as the administration says it will? With 3 percent economic... Read More

Taxpayers Need Clarity on How Trump’s Budget Will Be Implemented

May 23, 2017 | U.S. News & World Report

How will President Trump use your money?... Read More

Don’t Expect Congress to Pass Trump’s Controversial Budget Plan

May 23, 2017 | USA Today

After taking a break next week for Memorial Day, the Republican-controlled Congress will start to craft federal spending plans for next year —... Read More

Big Companies’ Share of Federal Taxes May Be Less, Post-Reform

May 18, 2017 | Bloomberg BNA

The share of federal tax revenues provided by major U.S. businesses—already slated to be in the single digits as a percentage of overall... Read More

Tough Choices on Tax Reform

May 17, 2017 | U.S. News & World Report

Both parties agree the tax code needs changing, but how to do it will require hard work.... Read More

Weekly Wastebasket

Our weekly reality-check for federal spending. View All

May 26, 2017

The President’s Budget, Explained

There was plenty of coffee and donuts at the office this week—both necessary to TCS’s mission to be a reality... Read More

TCS Rated 4-Star Charity!

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