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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Expectations Vs Reality For the FY 2016 Budget
With the first session of the the 114th Congress rapidly drawing to a close and the big budget issues being settled, we will take a look at how the...
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Flake Releases “Wastebook: The Farce Awakens”
Carrying on the tradition of retired Senator Tom Coburn (R-OK), Senator Jeff Flake (R-AZ) this week released the 2015 edition of the Wastebook: The...
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The Fiscal Irresponsibility of the Tax Deal in 6 Charts
It's no surprise that a deficit-financed tax cut deal costing $830 billion after interest would be bad for the budget. We've been describing the...
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Omnibus Bill Falls Back on the Usual Budget Gimmicks
The negotiations that concluded this week produced two major pieces of legislation. The most consequential for the budget is the $680 billion package...
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How a Fed Rate Increase Could Affect the Budget
Today, the Federal Open Market Committee, the Fed's interest rate setting and deliberative body that meets eight times a year, could announce that...
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Negotiated Tax Deal Would Cost $680 Billion
Lawmakers have announced a negotiated package of business and individual tax breaks costing about $680 billion over ten years. After interest, we...
Hoyer Slams Tax Extenders Deal
House Minority Whip Steny Hoyer (D-MD) took to the House floor on Tuesday to assert his opposition to a potential tax extenders deal, citing a recent...
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Tax Extenders Deal Might End Up Adding $4 Trillion to the Debt
The $700 billion price tag on the rumored deal to permanently extend expired tax breaks might actually be underselling just how expensive the package...
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Short-Term Extenders Package Is Still Irresponsible
Faced with the possible opposition over a $700 billion deal to extend permanently some of the expiring " tax extenders", Congress may consider a bill...
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Senate Democrats Ask for Extenders to be Offset
Last week Senators Tammy Baldwin (D-WI), Sheldon Whitehouse (D-RI), Jack Reed (D-RI), Angus King (I-ME), and Elizabeth Warren (D-MA), sent a letter to...
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Loren Adler: Tax Extenders Deal Could Undermine the ACA
Loren Adler, Research Director for the Committee for a Responsible Federal Budget, wrote a guest post that appeared on the RealClearPolicy blog . It...
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Peuquet Highlights Importance of Budget Debates
As we face an end-of-the-year legislative crunch that promises to be fiscally irresponsible, former Research Director of the Committee for a...