While still working on tax legislation, Congress now finds itself in an all-too-familiar place: Only days away from a possible government shutdown because spending decisions that should have been made months ago are still up in the air. Since Fiscal…
There is no shortage of proposals in Congress and in academia for improving the federal budget process. Given that the process has remained essentially unchanged since 1974, it may well be overdue for a facelift. Many of these proposals, such…
WASHINGTON -- With the House and Senate now considering separate plans to overhaul the tax code, The Concord Coalition urges lawmakers to reconsider their current approaches, notably the idea of deficit-financed tax cuts. “The two plans differ on some important…
WASHINGTON -- The Concord Coalition warned that the tax plan released today by the House Ways and Means Committee is fiscally irresponsible and would create even higher federal deficits than are already projected for the coming decade. “True tax reform…