Jun 17, 2021 | Taxes
Primer: Understanding the Tax Gap
One of the most fair and efficient ways for policymakers to raise revenue would be to close some portion of the “tax gap.” The tax gap is the...
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.
Jun 16, 2021 | Budgets & Projections
President's Budget Would Add More to Debt With Tax Cut Extensions
President Joe Biden's Fiscal Year (FY) 2022 budget ...
Jun 16, 2021 | Budget Process
House Members Urge the Adoption of a Budget Resolution
On Monday, a group of five Democratic members of the House of Representatives sent a...
How Much Would the President's Budget Extend Medicare Solvency?
The Medicare Hospital Insurance (HI) trust fund is only five years from insolvency according to both the...
Jun 9, 2021 | Other Spending
Senate Finance Committee Hearing Highlights Need to Secure Highway Trust Fund
The Senate Finance Committee held a hearing last month titled “...
COVID Relief Continues to Bolster Personal Income
New data from the Bureau of Economic Analysis (BEA)...
Jun 7, 2021 | Budgets & Projections
Maya MacGuineas: Biden's Budget Reflects His Priorities, but Leaves Debt Unchecked
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...
Jun 4, 2021 | Social Security
Time is Running Out to Save Social Security
Social Security, the nation's largest and arguably most important government program, is only a ...
Jun 4, 2021 | Budgets & Projections
Breaking Down the Proposals in the President's FY 2022 Budget
Last week, the Biden Administration released its first full budget...
Partial Student Debt Cancellation is Poor Economic Stimulus
Last year, we estimated that fully canceling student...
Jun 2, 2021 | Other Spending
Bipartisan Senate Highway Bill Needs Offsets
The Senate Environment and Public Works (EPW) Committee...
May 28, 2021 | Budgets & Projections
An Overview of the President’s FY 2022 Budget
Moments ago, President Joe Biden unveiled his Fiscal Year (FY) 2022 budget proposal,...
May 26, 2021 | Budgets & Projections
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...
May 25, 2021 | Health Care
Reducing Private Health Care Costs
Erica Socker and Mark Miller of Arnold Ventures last week penned a ...
May 25, 2021 | Budgets & Projections
CBO Releases Budget Projections Under Three Scenarios
Last week, the Congressional Budget Office (CBO) released a letter outlining how...
May 21, 2021 | Budgets & Projections
What Would it Take to Stabilize the Debt?
Federal debt held by the public is now larger than annual economic output and is ...
May 21, 2021 | Budgets & Projections
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...
May 21, 2021 | Other Spending
Appropriations Watch: FY 2021
Updated 5/21/2021: The House passed an emergency supplemental appropriations measure of $1.9 billion, intended to to address security concerns at the...
May 18, 2021 | Other Spending
State & Local Aid is On Its Way, But Is It Needed?
Last week, the Department of Treasury issued guidelines...
May 14, 2021 | Other Spending
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 ...
