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

Defense Savings Strengthen Our Economic Security

February 06, 2013

Defense Savings Strengthen Our Economic Security February 6, 2013 Dear Member of Congress, On behalf of the undersigned organizations and... Read More

Letters & Testimony

TCS Testifies before House Oversight and Government Reform Committee

February 05, 2013

TCS Testifies before House Oversight and Government Reform Committee Ryan Alexander testified before House Oversight and Government Reform Committee... Read More

Our Take

Heard On The Hill: Support TCS Today

February 05, 2013

Heard On The Hill: Support TCS Today Dear Fellow Taxpayer, I wanted you to know you’re getting your money’s worth. Earlier today I testified before the House Committee on... Read More

Coming Up

Alexander to testify before Government Reform Committee today

February 01, 2013

Taxpayers for Common Sense President Ryan Alexander will be testifying before the Committee on Oversight and Government Reform on Tuesday,... Read More

Our Take

Sandy Spending Accountability

January 31, 2013

Sandy Spending Accountability With the Senate's 62-36 vote, lawmakers have sent in aggregate more than $60 billion to help those affected by Superstorm Sandy. You can see... Read More

Statements

TCS Statement on Fiscal Cliff Deal

January 02, 2013

TCS Statement on Fiscal Cliff Deal The following is a statement by Ryan Alexander, President Taxpayers for Common Sense, on the fiscal cliff deal signed into law.... Read More

More in-depth material from TCS in Budget & Tax
Policy Briefs

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 Sheets

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 Sheets

Haves and Have-Nots in Federal Crop Insurance

October 31, 2012

Federally subsidized crop insurance has become the largest taxpayer support for agriculture. But not all parts of the agriculture industry... Read More

101

Loan Guarantee Program 101

October 16, 2012

Loan Guarantee Program 101 A basic primer on the Department of Energy (DOE) Loan Guarantee Program and answers general questions on the history, administration, and overall effect of the program.... Read More

TCS appearances in the media in Budget & Tax

Budget Review: Leading Policy Priorities for Sustained Growth

February 14, 2013 | National Journal

With the release of the House Republican’s Fiscal Year 2013 budget resolution, budgetary issues are roaring back to the front burner. This... Read More

How to Make Democrats and Republicans Agree on a Sequester Deal

February 13, 2013 | U.S. News

As we look ahead to the sequestration set to take effect at the end of the month, we are already hearing the voices from all sides offering... Read More

Truth-O-Meter: Marco Rubio says sequester was Obama’s idea

February 13, 2013 | PolitiFact

Florida Sen. Marco Rubio delivered the Republicans’ response to the State of the Union address, criticizing President Barack Obama on policy... Read More

Defense cuts a necessary step to control deficit

February 13, 2013 | POLITICO

In a couple of weeks we will have a chance to revisit the holidays and immerse ourselves in all things “sequestration.” The deal brokered... Read More

State Of The Union: Obama Renews Call For Elimination Of Some Corporate Tax Loopholes

February 13, 2013 | Huffington Post

Solving the never-ending budget crisis and reducing the deficit will require corporate tax reform, Obama said. Obama called for tax reform... Read More

Weekly Wastebasket

Our weekly reality-check for federal spending. View All

February 01, 2013

Broken Budgeting

Normally, Taxpayers for Common Sense staff would spend this weekend resting up, getting ready for the... Read More