The Republican Party is deserting U.S. taxpayers by supporting the current proposal for tax reduction and reform, which abandons the decades-long conservative tradition of the Republican Party. Since 1936, the Republican Party has included in its party platform a “pay as you go” provision. This traditional position is designed to restrain spending and avoid unnecessary and wasteful use of taxpayers’ funds.
WASHINGTON -- The Concord Coalition said today that the tax legislation considered by the Senate is based on flawed economics, reckless fiscal policy and blatant budget gimmickry. It would worsen the nation’s fiscal outlook and introduce new complexities in the tax…
When state and local governments run into serious financial problems, they often turn to Washington in search of possible solutions. So with the federal government already on an unsustainable fiscal path, a new report raises troubling questions about many state…
The federal government, like all entities that borrow money, pays for the privilege of doing so in the form of interest. A growing national debt therefore places a greater burden on the federal budget in the form of rising interest…
