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.
Time is Running Out to Save Social Security
Social Security, the nation's largest and arguably most important government program, is only a few years from insolvency. Economists Jeffrey Brown...
Breaking Down the Proposals in the President's FY 2022 Budget
Last week, the Biden Administration released its first full budget, laying out its proposals for Fiscal Year (FY) 2022 and the subsequent decade. The...
Partial Student Debt Cancellation is Poor Economic Stimulus
Last year, we estimated that fully canceling student debt would produce eight to 23 cents of economic activity for every dollar of cost and speculated...
Bipartisan Senate Highway Bill Needs Offsets
The Senate Environment and Public Works (EPW) Committee recently marked up and unanimously passed a bipartisan highway reauthorization bill. The bill...
An Overview of the President’s FY 2022 Budget
Moments ago, President Joe Biden unveiled his Fiscal Year (FY) 2022 budget proposal, outlining his tax and spending proposals and their effects on the...
What We Hope to See in the President's FY 2022 Budget
The White House is slated to release President Biden’s first full budget proposal this Friday. Although the Fiscal Year (FY) 2022 budget request will...
Reducing Private Health Care Costs
Erica Socker and Mark Miller of Arnold Ventures last week penned a blog post in Health Affairs on the need to contain the costs of employer-provided...
CBO Releases Budget Projections Under Three Scenarios
Last week, the Congressional Budget Office (CBO) released a letter outlining how enacted legislation and certain amounts of additional spending would...
What Would it Take to Stabilize the Debt?
Federal debt held by the public is now larger than annual economic output and is on track to reach 113 percent of Gross Domestic Product (GDP) by 2031...
RSC Releases Its FY 2022 Budget Proposal
The Republican Study Committee (RSC), a group of over 150 House Republicans, released its annual budget proposal for Fiscal Year (FY) 2022 on...
State & Local Aid is On Its Way, But Is It Needed?
Last week, the Department of Treasury issued guidelines for the allocations of $350 billion of direct state and local aid funds in the American Rescue...
Spending in the American Jobs Plan vs. the 2018 Senate Infrastructure Plan
Last month, President Joe Biden unveiled the second part of his "Build Back Better" agenda – the American Jobs Plan – focused on upgrading and...