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.
ARCHIVE: How Long Before Cancelled Student Debt Would Return?
Note: (7/6/2022): This analysis is now out of date. We released an updated version of this analysis, available here, which includes updated estimates...
CBO Releases July 2021 Budget and Economic Outlook
The Congressional Budget Office (CBO) just released its updated Budget and Economic Outlook, accounting for enactment of the American Rescue Plan and...
Group of Senators Introduce Bill to Narrow the Tax Gap
Last month, Senator Angus King (I-ME), along with Senators Sherrod Brown (D-OH) and Tim Kaine (D-VA), introduced the Stop Corporations and High...
Kerrey and Danforth Sound the Alarm on Long-Term Debt
Former Senators Bob Kerrey (D-NE) and John C. Danforth (R-MO) recently published an op-ed in the Wall Street Journal highlighting the need to address...
Over Half of States Ending Federal Unemployment Benefits Early
Twenty-six states have announced that they are ending the expanded federal unemployment benefits in the American Rescue Plan prior to their technical...
Bipartisan Policy Center Highlights Need for Medicare Trust Fund Solutions
With just five years until the Medicare Hospital Insurance (HI) trust fund faces insolvency, lawmakers must address the trust fund's $515 billion net...
There Are Plenty of Offsets for Infrastructure Package
A bipartisan group of senators has apparently reached agreement on a plan with $579 billion of new infrastructure spending. Meanwhile, President Joe...
What's In the Bipartisan Infrastructure Plan?
UPDATE 8/5: We have published a new summary of the bipartisan Infrastructure Investment and Jobs Act based on a recently published score from the...
President's Budget Would Add More to Debt With Tax Cut Extensions
President Joe Biden's Fiscal Year (FY) 2022 budget includes many significant changes that would add nearly $1.4 trillion to deficits through FY 2031...
House Members Urge the Adoption of a Budget Resolution
On Monday, a group of five Democratic members of the House of Representatives sent a letter to House Speaker Nancy Pelosi (D-CA) calling for increased...
How Much Would the President's Budget Extend Medicare Solvency?
The Medicare Hospital Insurance (HI) trust fund is only five years from insolvency according to both the Congressional Budget Office (CBO) and the...
Senate Finance Committee Hearing Highlights Need to Secure Highway Trust Fund
The Senate Finance Committee held a hearing last month titled “ Funding and Financing Options to Bolster American Infrastructure,” covering the need...