#Tax Policy

WASHINGTON -- The Concord Coalition warned today that a combination of House-approved tax cuts and Senate-approved spending increases could wipe out the projected $3.1 trillion non-Social Security surplus over the next 10 years.  Moreover, if discretionary spending continues to go…

WASHINGTON -- The Concord Coalition today urged Congress to agree on a budget baseline before approving any tax cuts, including the Marriage Tax Penalty Relief Act (H.R. 6) scheduled to be debated Thursday in the U.S. House of Representatives.  …

WASHINGTON --With the House and Senate headed toward passage of a $792 billion, 10-year tax cut, The Concord Coalition today challenged Congress and the President to make the hard choices on discretionary and entitlement spending before enacting a major tax…

WASHINGTON -- The Concord Coalition today urged the House of Representatives to reject the The Financial Freedom Act of 1999 (H.R. 2488) because it relies too heavily on projections of huge future budget surpluses that are unlikely to materialize, and…

WASHINGTON-With the federal government projected to run $137 billion in deficits without counting the Social Security surplus over the next five years, so-called "unified" budget surpluses should not be used for either tax cuts or spending increases. That was the…

WASHINGTON -- A coalition of 11 organizations is urging Congressional tax conferees to oppose a Senate provision that could raise the deficit or force deep cuts in non-transportation spending by transferring the 4.3 cents-per-gallon fuels tax enacted in 1993 to…

WASHINGTON--The Concord Coalition Citizens' Council is urging Senators to oppose the transfer of the 4.3 cents-per gallon federal gasoline tax enacted in 1993 from deficit reduction to the Highway Trust Funds. Concord Executive Director Martha Phillips said the transfer, currently…

WASHINGTON -- The Concord Coalition today praised members of both parties in Congress who have expressed support for separating the critical task of balancing the budget from the politically-charged issue of tax cuts. (more…)