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.
How Much Could Build Back Better Add to the Debt, An Update
Note: with recent Administrative actions on SNAP, debt-to-GDP will be about 0.6 percent higher in all scenarios. As a result, it will now reach 107...
Former Budget Committee Director Warns Against Budgetary Gimmicks
Former Democratic House Budget Committee staff director Tom Kahn recently penned an op-ed for the Wall Street Journal in which he commended Congress...
Bipartisan House Group Sends Letter Calling for Process Reforms
A bipartisan group of ten members from the House of Representatives recently sent a letter to the Senate calling for the addition of budget process...
CBO's Deficit Projections Are Higher, Here's Why
In its updated Budget and Economic Outlook, the Congressional Budget Office (CBO) projected budget deficits will total $15.1 trillion between Fiscal...
The Senate Budget Resolution Would Allow $1.75 Trillion of Borrowing
Senate Budget Committee Chairman Bernie Sanders (I-VT) released a budget resolution for Fiscal Year (FY) 2022 today that allows for up to roughly $1...
CBO Report Shows Infrastructure is More Pro-Growth When It's Paid For
The Congressional Budget Office (CBO) released a report today detailing the macroeconomic effects of two illustrative, $500 billion infrastructure...
Infrastructure Plan Will Add $400 Billion to the Deficit, CBO Finds
The Congressional Budget Office (CBO) just published its score of the recently unveiled bipartisan Infrastructure Investment and Jobs Act. Though its...
Breaking Down $800 Billion in Economic Impact Payments
The Internal Revenue Service (IRS) recently published summary statistics for the three rounds of Economic Impact Payments (EIPs) paid through early...
Representative Suozzi Introduces the WISH Act
Representative Thomas Suozzi (D-NY) recently introduced the WISH Act, which aims to provide catastrophic long-term care insurance for older Americans...
Comparing the Permanent Costs of Build Back Better and the TCJA
The bipartisan Infrastructure Investment and Jobs Act and the forthcoming budget reconciliation bill – together making up the core of the "Build Back...
How Much Could Build Back Better Add to the Debt?
Note: This analysis was updated for new data and details on August 11, 2021. See the updated analysis here. While we do not have all the estimates for...