Committee for a Responsible Federal Budget

Gimmick Watch

Nov 7, 2017 | Blog Paper Press Release | Taxes

The Tax Cuts and Jobs Act Doesn't Comply with the Byrd Rule

While the Tax Cuts and Jobs Act (TCJA) under consideration in the House would satisfy reconciliation instructions requiring it add no more than $1.5...
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Nov 3, 2017 | Blog Paper Press Release | Taxes

House Tax Plan May Add Over $2 Trillion to the Debt

Note: This blog has been updated from its original posting to account for the new JCT score and a new estimate for the cost of extending the family...
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Oct 31, 2017 | Blog Paper Press Release | Taxes

Five Gimmicks That May Hide the True Costs of Tax Reform

The budget resolution recently passed by Congress sets the stage for fast-track tax reform legislation (a process known as reconciliation) that...
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Oct 27, 2017 | Blog Paper Press Release | Taxes

Temporary Expensing is a Budget Gimmick and a Bad Idea

One provision included in the $2.2 trillion "Unified Tax Framework" would allow companies to fully deduct or "expense" capital purchases other than...
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The FY 2018 Senate Budget and Budget Gimmicks

Note: An amendment was adopted during floor consideration that effects budget gimmicks in the House of Representatives. You can read more on that...
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Sep 26, 2017 | Blog Paper Press Release | Taxes

Maya MacGuineas: Congress, Dump the Budget Gimmicks – We Need Real Reform

Maya MacGuineas is president of the nonpartisan Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently...
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Sep 18, 2017 | Blog Paper Press Release | Taxes

Maya MacGuineas: Revenue Neutral, Gimmick Free Tax Reform Is Hard -- And Worth It

Maya MacGuineas is president of the nonpartisan Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently...
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Sep 5, 2017 | Blog Paper Press Release | Taxes

Maya MacGuineas: GOP Considering a Half-Trillion-Dollar Tax-Reform Trick

Maya MacGuineas is president of the nonpartisan Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently...
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Aug 30, 2017 | Blog Paper Press Release | Taxes

Current Policy Gimmick Would Add Half-Trillion to Debt

Some tax cutters would like tax reform to embrace a troubling budget gimmick: a current policy baseline. Congressional leaders have set a revenue-...
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The FY 2018 House Budget and Budget Gimmicks

The House Budget Committee recently passed a Fiscal Year (FY) 2018 budget resolution that proposes a path to a balanced budget after ten years...

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