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

What Are Conservatives Doing Voting to Increase Debt by $9 Trillion?

January 09, 2017 | Centre Daily Times

WASHINGTON — Sens. Ted Cruz and Marco Rubio have been adamant – the federal debt is way too high and has got to be tamed fast. Cruz, a... Read More

Veronique de Rugy: Is Trump’s Pick for Budget Director a David Stockman Redux?

December 23, 2016 | Noozhawk

In his 1986 memoirs, The Triumph of Politics, David Stockman wrote: "The politicians were wrecking American capitalism. They were turning... Read More

Mulvaney Takes the Reins at OMB | Op-Ed

December 22, 2016 | U.S. News & World Report

Trump's choice for budget director is a good one. Last week, Rep. Mick Mulvaney, (R-SC) was announced as the nominee for Director of the... Read More

Anti-Deficit, Anti-Spending Groups Praise Mulvaney’s Pentagon Efforts

December 20, 2016 | Bloomberg BNA

Anti-spending and anti-deficit groups praised Rep. Mick Mulvaney (R-S.C.), President-elect Donald Trump’s pick for budget chief, for his... Read More

How to Have an Honest Budget | Op-Ed

December 15, 2016 | U.S. News & World Report

These 4 steps can help Congress fix the budget process. Now that Congress has effectively kicked the can down the road, once again, by... Read More

Weekly Wastebasket

Our weekly reality-check for federal spending. View All

January 13, 2017

Out of the Box Thinking

The President-elect has talked about thinking out of the box and reinventing government. This idea is one... 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

Weekly Wastebasket

Why Ethics Matter

January 19, 2017

Weekly Wastebasket

Out of the Box Thinking

January 13, 2017