Tax Extenders

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2015’s Fiscal Follies and Reasons for Hope

It’s the end of the year and like so many organizations, CRFB wanted to share with you our top 10 list: a look back at Congress’s 10 top fiscal...
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Policymakers Dig Hole $1.2 Trillion Deeper in 2015

With debt already around its highest level as a share of Gross Domestic Product (GDP) other than around World War II and estimated to grow with no...
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Expectations Vs Reality For the FY 2016 Budget

With the first session of the the 114th Congress rapidly drawing to a close and the big budget issues being settled, we will take a look at how the...
Dec 17, 2015 | Blog Paper Press Release | Taxes

The Fiscal Irresponsibility of the Tax Deal in 6 Charts

It's no surprise that a deficit-financed tax cut deal costing $830 billion after interest would be bad for the budget. We've been describing...
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Dec 16, 2015 | Blog Paper Press Release | Taxes

Negotiated Tax Deal Would Cost $680 Billion

Lawmakers have announced a negotiated package of business and individual tax breaks costing about $680 billion over ten years. After interest, we...
Steny Hoyer
Dec 15, 2015 | Blog Paper Press Release | Taxes

Hoyer Slams Tax Extenders Deal

House Minority Whip Steny Hoyer (D-MD) took to the House floor on Tuesday to assert his opposition to a potential tax extenders deal, citing a recent...

Tax Extenders Deal Might End Up Adding $4 Trillion to the Debt

The $700 billion price tag on the rumored deal to permanently extend expired tax breaks might actually be underselling just how expensive the package...
Dec 10, 2015 | Blog Paper Press Release | Taxes

Short-Term Extenders Package Is Still Irresponsible

Faced with the possible opposition over a $700 billion deal to extend permanently some of the expiring "tax extenders", Congress may...
Dec 10, 2015 | Blog Paper Press Release | Taxes

Senate Democrats Ask for Extenders to be Offset

Last week Senators Tammy Baldwin (D-WI), Sheldon Whitehouse (D-RI), Jack Reed (D-RI), Angus King (I-ME), and Elizabeth Warren (D-MA), sent a letter...
Dec 9, 2015 | Blog Paper Press Release | Taxes

Are Tax Extenders Worth The Cost?

As Congress appears to be closing in on a fiscally irresponsible tax extenders deal that's expected to cost $700 billion in the next decade and...

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