Note: This is an update of our Tax Gap Primer using the latest available data from the IRS. One of the most fair and efficient ways for policymakers to raise revenue would be to close some portion of...
Updated 3/19/25: On March 14, the Senate passed a final continuing resolution to extend government funding through the end of the fiscal year, thereby averting a government shutdown. The bill passed...
The 119th Congress is expected to use the reconciliation process to pass legislation with a significant fiscal impact, such as extending the expiring portions of the 2017 Tax Cuts and Jobs Act (TCJA)...
