The Federal Budget: Spending, Taxes, and Debt

Government spending is out of control. If the American people can make tough decisions and only spend within their means, so can
Washington.

EPIC is working to improve federal budgeting, reduce spending, keep taxes low, and shrink the national debt. After all, it’s not the government’s money – it’s the American people’s money.

April 29th, 2024
Blog

If the House and Senate are going to have earmarks, reforms to promote accountability and transparency are needed.

April 14th, 2024
Publication

Dr. Paul Winfree, President and CEO of the Economic Paul Winfree testified at the House Ways and Means Committee hearing on Expanding on the Success of the 2017 Tax Relief to Help Hardworking Americans, held on April 11, 2024.

April 14th, 2024
Resource

The Tax Cuts and Jobs Act made important changes to the tax code, for both individuals and businesses.

March 24th, 2024
Resource

Federal spending, debt, and deficits are already. But they are projected to grow unsustainably under current law.

March 19th, 2024
Publication
March 12th, 2024
Blog

Biden’s FY 2025 budget request would double down, promising higher taxes, higher spending, and to put the government in charge of more of the everyday aspects of people’s lives. It proposes more of the same failed Bidenomics that has driven inflation higher, making American families worse off.

March 4th, 2024
Blog

This weekend, Congress released the text of the latest spending bill – a six-part package including funding for half of the long-overdue fiscal year (FY) 2024 appropriations bill. Buried in the 1,050-page text is an “anomaly” added by the Biden Administration that would allow $337 million to be reprogrammed away from broadband and toward new […]

February 26th, 2024
Resource

Enacting a full year CR without an unpaid-for supplemental would be the most fiscally responsible option, as well as providing an increase in defense funding.

February 12th, 2024
Blog

The Congressional Budget Office (CBO) published its annual Budget and Economic Outlook on February 7, this one for the fiscal years 2024 through 2034.[1] Budget wonks and economic forecasters consider this publication one of the truly red-letter days in their calendars.  However, most Americans understandably have better ways of spending their time than pouring over […]

February 7th, 2024
Blog

The Congressional Budget Office’s New Report Shows Need for Congress to Confront Fiscal Challenges.