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Blog

Capitol Hill Update: October 23, 2017

The House and Senate are in session this week.

10/23/2017
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Op-ed Placement

The States Show Trump Tax Cut Will Work

BY Arthur Laffer and Stephen Moore

One reason the two of us were so confident that Donald Trump's economic policies would be positive for workers, the economy and the stock market, is that we've seen first hand these policies work in the states. Many liberal economists have been insisting that Donald ‎Trump's promise of a 3 or 4 percent growth is a fantasy and that 2 percent growth is the best we can do.

10/22/2017
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Press Release

FreedomWorks Urges House to Pass Senate Budget, Move to Tax Reform

Vice President of Legislative Affairs Jason Pye released the following statement on the Senate’s passage of their budget:

10/19/2017
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Op-ed Placement

The Left Has No Competing Tax Vision, and That's Too Bad

On March 30, 1981, the Times of London published a letter signed by 364 prominent economists that predicted disaster for England under Margaret Thatcher’s economic policies. Reality has a way of removing the clothes of the so-called experts in rather embarrassing fashion.

10/19/2017
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Blog

It's Crunch Time in the Senate on the Tax Reform Budget Resolution

Coming off a week-long recess and without any significant legislative victories this year, the pressure is on the Senate this week to pass the FY 2018 budget resolution, S.Con.Res. 25, which provides reconciliation instructions for fundamental tax reform. The House passed its own version of the FY 2018 budget, H.Con.Res. 71, on October 5 by a vote of 219 to 206.

10/16/2017
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Press Release

FreedomWorks Hails Speaker Ryan's Willingness to Cancel Christmas (Break) for Tax Reform

FreedomWorks President Adam Brandon issued the following statement supporting Paul Ryan's opening the door to canceling Christmas break to pass tax reform:

10/13/2017
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Op-ed Placement

Senate, Having Done Virtually Nothing All Year, Is On Vacation Again

It's October, roughly 10 months into the 115th Congress. Apart from the confirmation of Neil Gorsuch to the Supreme Court, as well as the confirmations of administration posts, what exactly has the Senate done this year?

10/11/2017
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Blog

State and Local Tax Deduction To End Under New GOP Tax Framework

Americans like their tax deductions, but mainly because the tax rate to begin with is too high. This same principle holds for the state and local tax (SALT) deduction currently part of the 74,000+ page federal tax code. This deduction seems like a good idea, but Americans would be much better off with this deduction eliminated, and instead given real tax breaks across the board. Fortunately, the GOP tax reform framework released at the beginning of the month does just this.

10/09/2017
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Blog

Just Another Week... Almost a Year Later

With the majorities in the Senate and in the House, Republican constituents were looking forward to key issues finally being addressed in Congress. Healthcare repeal and tax reform were the two major promises made by legislators. Fast forward to October, though, and neither have been accomplished and senators are have gone home until October 16.

10/06/2017
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Press Release

FreedomWorks Encourages Passing the Budget to Get #TaxReform Rolling

FreedomWorks President Adam Brandon made the following statement ahead of consideration of the FY 2018 budget resolution, which includes reconciliation instructions for fundamental tax reform:

10/05/2017

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