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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Remembering Bill Frenzel
At our annual dinner on September 12, the Committee for a Responsible Federal Budget paid tribute to former Co-Chair William Eldridge “Bill” Frenzel...
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Marking Up the FY 2018 Senate Budget
The Senate Budget Committee is scheduled to mark up its Fiscal Year (FY) 2018 budget resolution, which would create a legislative vehicle for tax...
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Paying for Tax Reform Event on Capitol Hill
Today the Committee for a Responsible Federal Budget hosted an event on Capitol Hill focused on the prospects for tax reform. The event featured...
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What Is a Reasonable Amount of Dynamic Revenue For Tax Reform?
Thoughtful tax reform has the potential to increase the size of the economy, lifting wages and incomes while also generating more tax revenue for the...
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Seven Resolutions for the Fiscal New Year
October 1 marked the start of Fiscal Year (FY) 2018. While FY 2017 saw very little major legislation passed, a new year brings new opportunities...
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Senate Budget Committee Releases FY 2018 Budget
Senate Budget Committee Chairman Mike Enzi (R-WY) released the Fiscal Year (FY) 2018 Senate budget resolution today. The budget proposes $3.3 trillion...
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How the House and Senate Budgets Stack Up
With the release of the Senate budget resolution, we now have the two Congressional budgets that will set up the budget process for the rest of the...
Big 6 Tax Framework Could Cost $2.2 Trillion
The so-called "Big 6" today released their framework for comprehensive tax reform. While significant detail still needs to be filled in, enough exists...
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Maya MacGuineas: Congress, Dump the Budget Gimmicks – We Need Real Reform
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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Maya MacGuineas: Missed Opportunity to Use Health Care, Tax Policies to Stop Debt Growth
Headlines were made recently when the gross national debt topped $20 trillion for the first time. You would think this ominous milestone might give...
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The Feldstein-Feenberg-MacGuineas Cap Could Be Useful for Tax Reform
As lawmakers gear up for tax reform, they will need options to broaden the tax base and ensure that tax reform doesn’t add to debt. The traditional...
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Comparing the Reconciliation Instructions in the Congressional Budgets
With news that the Senate Budget Committee has agreed to reconciliation instructions for a $1.5 trillion tax cut, policymakers seem poised to...