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.
Maya MacGuineas: Biden’s Student Loan Plan Will Come at a Steep Cost for the Economy
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 opinion...
Student Debt Changes Would Boost Inflation
The student debt cancellation and relief measures announced earlier this week by the Biden Administration would cost around $500 billion over a decade...
Everything You Need to Know About Student Debt Cancellation
Below are a few frequently asked questions about student debt cancellation and proposals around it. Whose debt has been cancelled? How much will Biden...
New Student Debt Changes Will Cost Half a Trillion Dollars
Note (9/26/2022): The Congressional Budget Office (CBO) has released an estimate that debt cancellation will cost $400 billion . Using new information...
IRA Changes Could Erase $500 Billion of Long-Term Savings
Recently, we estimated the original Inflation Reduction Act (IRA) would reduce deficits by roughly $1.5 trillion over two decades, or nearly $2...
Cancelling Student Debt Would Undermine Inflation Reduction Act
The recently-passed Inflation Reduction Act (IRA) will reduce budget deficits by roughly $275 billion while pushing fiscal policy in the right...
The Inflation Reduction Act Would Reduce the Tax Gap
Of the $790 billion of savings and offsets in the Inflation Reduction Act (IRA) , about $125 billion would come from improving tax compliance...
IRA Saves Almost $2 Trillion Over Two Decades
The Inflation Reduction Act (IRA) would reduce budget deficits by over $300 billion in its first nine years, but much of the savings would take time...
Congress Should Proceed with Caution on Telehealth Extensions
On July 27, the House of Representatives passed the Advancing Telehealth Beyond COVID-19 Act, HR 4040, to extend telehealth flexibilities in Medicare...
IRA Would Lower Medicare Costs, NOT Cut Benefits
Several political advertisements have made misleading attacks that the Inflation Reduction Act (IRA) would cut Medicare spending by $300 billion. In...
IRA Will Help Fed Fight Inflation
A recent Penn Wharton Budget Model (PWBM) study has been used by opponents to claim the Inflation Reduction Act (IRA) would increase rather than...
Maya MacGuineas: Five ways national debt is canceling our future
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 opinion...