Could Reconciliation Deliver a Tax Cut to the Rich?
While much of the discussion surrounding the Build Back Better reconciliation package has focused on...
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.
Oct 26, 2021 | Other Spending
Maya MacGuineas: Reconciliation can work if Congress sets priorities and cuts the games
Maya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote an...
Oct 25, 2021 | Taxes
SALT Cap Repeal Does Not Belong in Build Back Better
Press reports suggest lawmakers are...
Oct 22, 2021 | Other Spending
House Child Care Plan Cost Could Double If Made Permanent
As lawmakers discuss making...
Oct 22, 2021 | Budgets & Projections
Treasury: 2021 Deficit Was $2.8 Trillion
The Treasury Department released its final Monthly Treasury...
Oct 22, 2021 | Health Care
House ACA Plan Will Cost Almost $600 Billion and Cover 4 Million People, CBO Finds
The Congressional Budget Office (CBO) this week released...
Oct 21, 2021 | Other Spending
BBB Expirations Could Hide $1 to $2 Trillion of True Costs
As negotiations over President Biden’s Build Back Better...
Oct 19, 2021 | Budget Process
Upcoming Congressional Fiscal Policy Deadlines
The next few years will include several predictable fiscal policy deadlines that will force congressional action. Many provisions providing...
Oct 15, 2021 | Taxes
Former IRS Commissioner Urges Congress to Expand Information Banks Report to the IRS
Former Internal Revenue Service (IRS) Commissioner Charles O. Rossotti, who served under Presidents Clinton and Bush, recently published an...
Oct 5, 2021 | Taxes
Event Recap: Tax Policy in the Build Back Better Act
On September 29, the Committee for a Responsible Federal Budget hosted “Tax Policy in the Build Back Better Act.” The event featured a panel of...
Oct 1, 2021 | Health Care
Health Savings Can Help Pay for Reconciliation
Policymakers are continuing to negotiate the "Build Back Better Act" ...
FY 2022 Reconciliation Tracker
Last Updated: 9/27/2021
Budget reconciliation is underway (read more...
Sep 23, 2021 | Health Care
Limiting the Cost of Medicare Expansion
As Congress negotiates proposals for Medicare benefit expansions, it should consider ways to limit their costs by either ...
Sep 22, 2021 | Budgets & Projections
Reconciliation Unlikely to Produce $600 Billion in Dynamic Revenue
Policymakers are claiming their $3.5 trillion reconciliation ...
Sep 22, 2021 | Taxes
Maya MacGuineas: Mind the (tax) gap: To fund new spending, people should pay the taxes they owe
Maya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote an...
Five Ways to Improve the FY 2022 Reconciliation Package
Congress is attempting to enact a large and ambitious agenda of new programs through the ...
Sep 20, 2021 | Budget Process
Prevent Government Shutdowns Act of 2021 Introduced in the Senate
Recently, Senators James Lankford (R-OK) and Maggie Hassan (D-NH)...
Better Targeting in Reconciliation
As lawmakers negotiate the details of their reconciliation package,...
Ways and Means Proposes $1.3 Trillion of Tax Breaks, $2.3 Trillion of Tax Hikes
UPDATE (9/13/2021): The Joint Committee on Taxation has released a full score...
