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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Permanent Ways & Means Bill Could Add $5.3 Trillion to Deficits
The House Ways & Means Committee is set to mark up its title of the Fiscal Year (FY) 2025 reconciliation bill on Tuesday. The Joint Committee on...
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Energy & Commerce Draft Would Help Limit Medicaid Gaming
The House Energy & Commerce (E&C) Committee recently released its proposed reconciliation legislation, which is expected to save over $900 billion...
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Ways & Means Draft Could Add $5 Trillion to Deficits
Update (5/10/2025): This piece was published prior to the Joint Committee on Taxation's revenue estimate , which totals $4.9 trillion for the bill as...
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New Site-Neutral Bill Introduced in Senate
Senator John Kennedy (R-LA) introduced the Same Care, Lower Cost Act this week, which would take significant steps toward implementing site-neutral...
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Options for Reducing Energy-Related Tax Breaks
Update: The offset options below were estimated prior to enactment of the One Big Beautiful Bill Act (OBBBA) and have not been updated. OBBBA phased...
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12-Month Rolling Deficit is $2.0 Trillion in April 2025
The federal budget deficit totaled $2.0 trillion over the past 12 months based on estimates from the Congressional Budget Office (CBO). Due to...
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Reconciliation Could Increase Spending Under Senate Instructions
The Fiscal Year (FY) 2025 concurrent budget resolution reconciliation instructions would allow the House to add up to $2.8 trillion to primary...
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Maya MacGuineas on Fox Business' "Mornings with Maria"
Committee for a Responsible Federal Budget president Maya MacGuineas recently appeared on Fox Business’ “Mornings with Maria” live from the 2025...
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Higher Treasury Yields Would Add Trillions to the Debt
The 10-year Treasury yield today is approaching 4.4 percent, over 50 basis points above the intra-day low a month ago on April 7, more than twice as...
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Ways & Means Has Plenty of Deficit Reduction Options
The Ways and Means Committee has jurisdiction over nearly $50 trillion of spending and tax breaks that can be tapped for reconciliation, including...
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Budget 101
Key Resources to Get You Started or Refresh Your Understanding of Fiscal Topics The Budget 101 resources page offers a collection of materials...
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Energy & Commerce Has Plenty of Options
Under the House's reconciliation instructions, the Energy & Commerce Committee is tasked with identifying at least $880 billion of net deficit...