What's Happening in Budget & Tax

John Wilke: Americans Lose a Taxpayer Champion

May 4, 2009: Taxpayers across the country have lost a great friend and ally. John Wilke, Wall Street Journal reporter and editor, lost...

Ongoing TCS Analysis of the FY2010 Budget Proposal

(May 11, 2009; 3:15 pm) The Treasury's Office of Tax Policy has released its General Explanations of the Administration's Fiscal Year...

Massive Increase for DOE Loan Guarantee Program Dropped from Budget Resolution

The Conference Agreement on the Budget Resolution that is expected to pass the House and Senate today does not include language...

Corps of Engineers Releases Stimulus Project List

Today, the U.S. Army Corps of Engineers released their stimulus project list. The first thing that comes to mind is that the Obama...

Congress Releases 2010 Joint Budget Resolution Conference Report

Congress just released the conference report on its joint Budget resolution. The House may take it up as soon as today and the Senate...

Bailout Inspector General Report: Tremendous Expansion in the Scope, Scale, and Complexity of TARP

Neil Barofsky, Special Inspector General for the Treasury's Toxic Assets Relief Program (SIGTARP), released his quarterly report on the...

$50 Billion Expansion for Loan Guarantee Program is back

Today the Senate is voting on dozens of amendments to its annual Budget Resolution; the blueprint for the Congress’s spending plan for...

Bank Bailouts: Federal Watchdogs Critical of TARP

This morning the Senate Finance Committee held a hearing to receive updated information from the federal watchdog agencies charged with...

Recommendations to the President for Earmark Reform

At Taxpayers for Common Sense, we believe that all funding decisions must be made on the basis of merit, federal priorities and national...

President Cuts Oil and Gas Subsidies

The President’s budget highlights, released last week, took the ax to major subsidies to the oil and gas industry. Through the...

Engineering Boondoggles

While Washington is wringing its hands about the automatic across-the-board budget cuts known as...