Taxes

Taxes_1040 Form
Jun 15, 2018 | Blog Paper Press Release | Taxes

After Tax Reform, Tax Expenditures Remain Costly

The Joint Committee on Taxation (JCT) recently released its latest tax expenditure estimates. The report shows that despite the 2017 tax law, ...
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Factchecking the Senate Budget Committee Hearing with CBO

At least two claims in Wednesday's Senate Budget Committee hearing with Congressional Budget Office (CBO) Director Keith Hall merit fact checking....
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Mar 14, 2018 | Blog Paper Press Release | Taxes

WATCH: MacGuineas Testifies Before Ways & Means Tax Policy Subcommittee

Maya MacGuineas, president of the Committee for a Responsible Federal Budget, testified before the House Ways and Means Tax Policy Subcommittee on...
Maya MacGuineas
Mar 13, 2018 | Blog Paper Press Release | Taxes

Maya MacGuineas's Testimony on Tax Extenders

On March 14, 2018, Committee for a Responsible Federal Budget president Maya MacGuineas testified before the House Ways and Means Tax Policy...
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IMF: Tax Bill's Boost to Growth is Short-Term

This week, the International Monetary Fund (IMF) released a new estimate of economic growth, revising their short-term estimate upwards because of...
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Trillion-Dollar Deficits Could Return Next Year, But A Deal Could Make Them Worse

Trillion-dollar deficits will return next year, and a budget deal in the coming weeks could make them much worse. The continuing resolution (CR) that...
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Three-Week Funding Deal Includes $30 Billion in Tax Cuts

Lawmakers came to a bipartisan agreement to end the federal government shutdown yesterday, but it came with a very high price. The continuing...
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House Continuing Resolution Sets Stage for Over $300 Billion in Costs

House Republicans released a draft continuing resolution (CR) last night to extend current levels of discretionary spending through February 16,...
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Sizing Up Revenue With the Tax Bill Enacted

As lawmakers return for the new year after the enactment of the Tax Cuts and Jobs Act (TCJA), they also face a new budget outlook with significantly...
Jan 5, 2018 | Blog Paper Press Release | Taxes

Resources for Tax Reform

Efforts to reform the tax code are underway, and the legislative process is in full swing. CRFB has been tracking and compiling the scores of each...

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