Blog
Welcome to our blog – The Bottom Line, where you’ll find up-to-date commentary and analysis on the most important news in the fiscal world. Below is a list of our blog posts.
Is President Trump's Tax Cut the Largest in History Yet?
President Trump has often stated that his proposed tax cut will be the largest in history. We previously found his $5.5 trillion framework in April...
Event Recap: Paying for Tax Reform
On October 4, the Committee for a Responsible Federal Budget (CRFB) hosted an event on Capitol Hill on the need to pay for tax reform. The event...
Senate Budget Is More Irresponsible Than the House
The House of Representatives is expected to vote this week to adopt the Senate’s budget resolution, rather than support their own budget resolution...
Maya MacGuineas: Trump Tax Cuts Could Cost Your Kids Dearly
Maya MacGuineas is president of the nonpartisan Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently...
How the FY 2018 Budget Could Avoid a Conference
The Senate Fiscal Year (FY) 2018 budget resolution passed last night on a 51-49 vote. The budget included a "technical" amendment by Senate Budget...
Several Amendments Would Improve the Senate Budget
The Senate is considering the FY 2018 Senate budget resolution this week. As is, the budget would facilitate legislation to add significantly to debt...
How PAYGO Rules Could Affect Tax Reform
Most of the discussion about rules that could prevent tax reform from increasing the deficit has focused on the Byrd Rule. Congress could get around...
Options to Help Pay for the Big Six Tax Reform Framework
The unified framework for tax reform released by the White House and GOP Congressional leaders includes several provisions that could result in about...
Bill Hoagland: A Disappearing Budget Process Unhelpful for Fiscal Responsibility
G. William Hoagland is Senior Vice President at the Bipartisan Policy Center and member of the Committee for a Responsible Federal Budget. He...
Have Stock Market Gains Reduced the National Debt?
On Fox News last night, President Trump claimed the growth in the stock market has reduced the national debt. It has not. The two measures are not...
The State and Local Tax Deduction Should Be on the Table
As tax reform gets underway, there will be disagreement about which tax breaks should be eliminated or reformed and which should remain. There is a...
Does the State & Local Tax Deduction Mostly Help High-Income Households?
At a press briefing yesterday, White House Press Secretary Sarah Huckabee Sanders defended the fact that the Big 6 tax plan removes the state and...