Congress Needs Short-Term Fix to Address Debt Ceiling, Spending

It’s the time of year when the prospect of a government shutdown looms over the horizon because members of Congress waited until the last minute to address the nation’s pressing fiscal needs. Now, Congress, after its record year of profligate spending, faces a shutdown and a showdown over raising the debt ceiling. The U.S. Treasury Department warns that if the debt ceiling is not raised, extraordinary measures to finance the debt will soon be exhausted.

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TPA Leads Coalition Letter Urging Senators to Oppose Budget Reconciliation Package

The Taxpayers Protection Alliance spearheaded a coalition letter with 12 consumer and taxpayer groups urging U.S. senators to oppose the budget reconciliation bill when it comes to the floor for a final vote. In these difficult economic times, the nation needs a fiscally responsible budget, not a $3.5 trillion spending bill paid for by hard-working Americans.

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TPA Releases “A Guide to Protecting Taxpayers”

Today, the Taxpayers Protection Alliance (TPA) released “A Guide to Protecting Taxpayers.” The report describes in depth the types of tax policy changes being discussed on Capitol Hill. It also makes alternative recommendations and describes the real life consequences of continuing down a path of high taxes.

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TPA Releases “A Guide to Protecting Taxpayers”

Today, the Taxpayers Protection Alliance (TPA) released “A Guide to Protecting Taxpayers.” The report describes in depth the types of tax policy changes being discussed on Capitol Hill. It also makes alternative recommendations and describes the real life consequences of continuing down a path of high taxes.

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Read more about the article Government Intervention in Drug Pricing Is Bad News for Healthcare
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Government Intervention in Drug Pricing Is Bad News for Healthcare

While the COVID-19 vaccine may be the talk of the town in Washington – and available at no direct cost to any and all Americans who want it – that has not stopped people across the country from feeling the squeeze of the price of prescription medications for other maladies. Surveys routinely show that roughly four out of five Americans find the cost of prescription medicine “unreasonable.” While this might not be the hottest health-related topic in the news right now, it is a big issue in a nation where more than half of adults are currently taking some form of prescribed medication.

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Taxpayer Watchdog Slams Proposed Expansion of IRS Power to Define Journalism and Target Poor

The Taxpayers Protection Alliance (TPA), a nonprofit, nonpartisan taxpayer and consumer watchdog group is raising the alarm at several provisions related to the Internal Revenue Service (IRS) in the latest Democratic tax package designed to offset the cost of the proposed $3.5 trillion spending blowout. In particular, three provisions are troubling: Roughly $80 billion in new IRS enforcement resources, mandatory reporting for transactions above $600 by financial institutions, and, perhaps most egregious of all, the IRS defining what counts as journalism.

Continue ReadingTaxpayer Watchdog Slams Proposed Expansion of IRS Power to Define Journalism and Target Poor

Taxpayer Watchdog Slams Proposed Expansion of IRS Power to Define Journalism and Target Poor

The Taxpayers Protection Alliance (TPA), a nonprofit, nonpartisan taxpayer and consumer watchdog group is raising the alarm at several provisions related to the Internal Revenue Service (IRS) in the latest Democratic tax package designed to offset the cost of the proposed $3.5 trillion spending blowout. In particular, three provisions are troubling: Roughly $80 billion in new IRS enforcement resources, mandatory reporting for transactions above $600 by financial institutions, and, perhaps most egregious of all, the IRS defining what counts as journalism.

Continue ReadingTaxpayer Watchdog Slams Proposed Expansion of IRS Power to Define Journalism and Target Poor