Latest
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$72,500 SALT Cap is Costly and Regressive
Read moreThe latest version of the Build Back Better Act being considered by the House Rules Committee would increase the state and local tax (SALT) deduction...
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State and Local Governments Flush with Cash
Read moreThe Bureau of Economic Analysis (BEA) recently released data on state and local government spending and receipts in the third quarter of 2021...
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5-Year SALT Cap Repeal Would Be Costliest Part of Build Back Better
Read moreAccording to press reports, policymakers are considering adding a five-year repeal of the $10,000 cap on the State and Local Tax (SALT) deduction to...
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Build Back Better Visualized
Read moreLast week, the White House released a $1.75 trillion framework for the reconciliation bill currently working its way through Congress. When combined...
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No Score, No Vote
Read moreFor Immediate Release The House apparently intends to vote on the latest version of the Build Back Better Act as soon as this week, despite that fact...
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Bank Reporting Can Help Reduce the Tax Gap
Read moreThe White House has proposed a new framework for the Build Back Better reconciliation package that includes $80 billion of IRS enforcement funding...
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Event Recap: Tax Gap Myths and Facts: A Conversation with Natasha Sarin
Read moreOn October 26, the Committee for a Responsible Federal Budget hosted “Tax Gap Myths and Facts: A Conversation with Natasha Sarin.” The virtual event...
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Reconciliation May Deliver a Tax Cut to the Rich
Read moreWhile much of the discussion surrounding the Build Back Better reconciliation package has focused on tax increases on the rich, the final legislation...
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New Build Back Better Framework Relies Too Heavily on Gimmicks
Read moreFor Immediate Release Today, the White House released an updated framework for its Build Back Better plan. The framework proposes $1.85 trillion of...
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What's in the Latest Build Back Better Framework?
Read moreWe have published an full estimate of the House's Build Back Better Act based on CBO's scores of the bill here. The White House has announced an...
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Could Reconciliation Deliver a Tax Cut to the Rich?
Read moreNote: This analysis was updated for new data and details on October 29, 2021. See the updated analysis here. While much of the discussion surrounding...
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Maya MacGuineas: Reconciliation can work if Congress sets priorities and cuts the games
Read moreMaya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote an opinion...