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.
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Final Tax Bill Could End Up Costing $2.2 Trillion
The final conference committee agreement of the Tax Cuts and Jobs Act (TCJA) would cost $1.46 trillion under conventional scoring and over $1 trillion...
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Health Package Sets Stage For Nearly $600 Billion of Costs
Ways and Means Committee Republicans have offered a package of health legislation that would delay several Affordable Care Act (ACA or "Obamacare")...
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With Debt Limit Reinstated, It's Time for Reform
As lawmakers go to conference for the tax bill, an important issue has flown under the radar. The debt limit was reinstated on December 9 after the...
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Maya MacGuineas: An Opportunity to Improve the Tax Bill While Replacing the PAYGO Sequester
Maya MacGuineas is president of the nonpartisan Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently...
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JCT's Latest Analysis Confirms Tax Bills Will Produce Modest Growth, Won't Pay For Themselves
The Joint Committee on Taxation (JCT) released its dynamic analysis of the House's version of the Tax Cuts and Jobs Act (TCJA) yesterday. JCT's...
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Policymakers Should Reform Student Loan Programs
Lawmakers will need offsets to keep year-end legislation from substantially worsening the debt, and one area we've suggested in our Mini-Bargain and...
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Discretionary Cap Deal Could Cost Over $100 Billion Per Year
Lawmakers are reportedly considering a year-end deal to repeal the sequester and increase discretionary spending potentially as much as $230 billion...
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The Tax Bill Conference Committee Can Make The Final Bill Responsible
Both the House and Senate versions of the Tax Cuts and Jobs Act (TCJA) as currently written would cost nearly $1.5 trillion on a conventional basis...
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Comparing the Two Versions of the Tax Cuts and Jobs Act Headed to Conference
The House and Senate have each passed their own version of the Tax Cuts and Jobs Act, and lawmakers from each chamber will have to iron out the...
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Senate Tax Bill Could Ultimately Cost Up to $2 Trillion
The final Senate version of the Tax Cuts and Jobs Act (TCJA) would cost $1.45 trillion under conventional scoring and over $1 trillion on a dynamic...
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No Estimate Shows Tax Bills Would Pay For Themselves
The Joint Committee on Taxation (JCT) released an official dynamic estimate of the Tax Cuts and Jobs Act (TCJA) yesterday as reported by the Senate...
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Official Dynamic Score Shows Senate Tax Bill Will Still Cost Over $1 Trillion
The Joint Committee on Taxation (JCT) has released its official dynamic score of the Senate tax plan as passed by the Senate Finance Committee...