No sooner had Congress approved its fourth budget stop-gap measure in four months than lawmakers began talking about the need for a fifth one in February. On Wednesday the No. 2 Republican in the Senate, Majority Whip John Cornyn, raised…
National Taxpayer Advocate Nina E. Olson warns that budget cuts in recent years have significantly reduced the ability of the IRS to explain and enforce the tax code, a situation likely to result in greater confusion over the tax overhaul…
When it comes to budget negotiations, many interest groups demand that certain items be considered “off the table” and exempt from any changes. The reality, however, is that everything needs to be on the table for both economic and political…
Before Congress approves a final package of tax cuts estimated to add more than a trillion dollars to the national debt over 10 years -- in addition to the $10 trillion already projected under current law -- The Concord Coalition…