#Tax Policy

In advance of contests in several key primary and caucus states today, The Concord Coalition recently reminded all presidential candidates that the rising national debt will affect the feasibility of their policy proposals “The debt is your running mate,” Concord’s…

The administration is seeking roughly $1 billion in additional IRS funding that the agency says could improve customer service and step up enforcement work, resulting in billions of dollars in additional federal revenue. IRS Commissioner John Koskinen faced Republican skepticism,…

The administration unveiled a proposed budget Tuesday that would lower projected deficits and keep the debt stable as a share of the economy over the next 10 years. But the plan has no chance of winning approval from a Republican…

Republican presidential candidate Chris Christie was the most recent Fiscal Fridays guest, stressing the need to reform both the tax code and entitlement programs. Noting that much of the federal budget is devoted to entitlement programs, the New Jersey governor…

WASHINGTON -- The Congressional Budget Office (CBO) released projections today that show the federal deficit rising this year for the first time since 2009 and the government sinking deeper into debt over the next decade, a problem that The Concord…

In the latest Fiscal Fridays interview, Republican presidential candidate Rand Paul called the federal debt “the most important problem we face” and said he would try to balance the budget in five years even while cutting taxes. Paul, a U.S.…

WASHINGTON -- Despite their frequent expressions of concern about the federal debt, lawmakers are pursuing a plan that would add hundreds of billions of dollars to the debt over the next decade by extending some tax breaks, making others permanent,…

Congressional negotiators have indicated they are making substantial progress on deals that would cover spending plans for the rest of Fiscal 2016 and the extension of a number of tax breaks for businesses and individuals. With the fiscal year already…