Tax Extenders
Latest
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Year-End Borrowing Could Worsen Deficits and Inflation
With inflation surging and debt approaching record levels, policymakers should avoid worsening the deficit and should at least pledge to add no new...
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Year-End 'Extenders' Could Worsen Deficits and Inflation
With inflation surging and debt approaching record levels, policymakers might make the fiscal situation even worse in an end-of-the-year fiscal...
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Build Your Own Child Tax Credit 2.0
UPDATE (August 2023): We have released an updated web-based version of the CTC model. You can find the model here . As lawmakers continue to debate if...
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Build Your Own Child Tax Credit
UPDATE (August 2023): We have released an updated web-based version of the CTC model. You can find the model here . As the year comes to a close...
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SALT Cap Repeal Does Not Belong in Build Back Better
Press reports suggest lawmakers are considering adding a two-year repeal of the cap on the deduction for state and local taxes (SALT) to their Build...
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Omnibus Package Includes $135 Billion of Unrelated Tax Breaks
The omnibus package includes government funding for the rest of fiscal year 2021 and significant COVID relief , but it also contains $135 billion over...
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$100 Billion of Giveaways Could Accompany Year-End Omnibus Package
If lawmakers pass a short-term continuing resolution as passed by the House, they will have until December 18 to fund the government and enact COVID...
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End-of-Year Deadlines For Congress
Many economic relief provisions from the Coronavirus Aid, Relief, and Economic Security (CARES) Act and other COVID-related bills expire at the end of...
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Budget Deal Shows Bipartisan Failure of Leadership
For Immediate Release Later today, President Trump is expected to sign into law a $1.4 trillion spending package, appropriated through two bipartisan...
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Spending Package Could Add $500 Billion to Debt
Update 12/17/19: CBO and JCT have now estimated the year-end spending package after a late-night addition by the House Rules Committee. The bill now...
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Wall Street Journal Editorial Board Takes on Temporary Tax Breaks
The Wall Street Journal editorial board wrote an opinion piece today decrying special interest tax subsidies that may be added to a year-end spending...
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Ways and Means Tax Package Could Cost Over $900 Billion Now
Last month, the House Ways and Means Committee approved a tax package that would revive and extend several tax extenders through 2020 and dramatically...