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

Left-Right Agree: Disclose Senate Tax Reform Proposals

August 01, 2013

Left-Right Agree: Disclose Senate Tax Reform Proposals   August 1, 2013 Dear Senator, American taxpayers deserve to know the priorities of their... Read More

Our Take

Senate Finance Subcommittee Discusses Energy Tax Reform

August 01, 2013

Senate Finance Subcommittee Discusses Energy Tax Reform The Senate Committee on Finance Subcommittee on Energy, Natural Resources, and Infrastructure met Wednesday, July 31 to discuss the... Read More

Our Take

It’s Time for Tax Reform Transparency

July 31, 2013

It’s Time for Tax Reform Transparency Senate Finance Committee Chairman Baucus (D-MT) and Ranking Member Hatch (R-UT) should be commended for their ‘Blank Slate’ approach to tax... Read More

Letters & Testimony

Make Tax Reform Proposals Public

July 26, 2013

Make Tax Reform Proposals Public Today, TCS joined 29 other diverse organizations in a letter urging transparency within the tax reform debate.... Read More

Letters & Testimony

Fiscal Conservatives Urge Open Rule for Defense Spending Bill

July 16, 2013

Fiscal Conservatives Urge Open Rule for Defense Spending Bill   July 22, 2013 Dear Speaker Boehner, We understand that the House of... Read More

Our Take

Important Cuts Fail & Wasteful Subsidies Hang On in House Energy & Water Bill

July 12, 2013

Important Cuts Fail & Wasteful Subsidies Hang On in House Energy & Water Bill Late Wednesday night the House wrapped up debate on the Energy and Water Development Appropriations Bill for Fiscal Year 2014. Several... 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

Ky. Sen. Mitch McConnell Faces Hard Choices on Spending

September 16, 2013 | USA Today

WASHINGTON — As Congress faces a potential meltdown over the budget and spending, Senate Minority Leader Mitch McConnell is staring at tough... Read More

Op-Ed: Divide and Conquer: Turning Us Against Them

September 16, 2013 | Bucks County Courier Times

The lead story in the Dec. 14, 2009 edition of the Washington Post began: “The Senate cleared for Obama’s signature on Sunday a $447 billion... Read More

Q&A: The Lowdown on the Shutdown, or Why You Should Care About the CR

September 13, 2013 | CNN

Washington (CNN) -- In less than a month, the government may shut down. Lines are being drawn. Vacations are being canceled. Friends are... Read More

Government Fees the Key to a Budget Bargain?

September 11, 2013 | Politico

Lawmakers are deadlocked over tax increases and spending cuts, but there’s another way that could nudge them closer to addressing this... Read More

House Panel May Unveil CR Today

September 10, 2013 | Federal Times

The House Appropriations Committee will release the text of a continuing resolution as early as Tuesday, with the full House scheduled to... Read More

Weekly Wastebasket

Our weekly reality-check for federal spending. View All

September 13, 2013

Syria: Excuse 535 To Not Cut the Deficit

Volume XVIII No. 37 Possible action in Syria has become the most recent excuse du jour for Pentagon boosters... Read More