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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Appropriations Watch: FY 2021
Note: For the latest fiscal year, click here . Updated 7/30/2021: The House passed an emergency supplemental appropriations measure of $1.9 billion...
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Fiscal State of the Nation Introduced in the Senate and House
Senators Kyrsten Sinema (D-AZ), Joni Ernst (R-IA), Angus King (I-ME), Mark Kelly (D-AZ), Mike Braun (R-IN), Steve Daines (R-MT), and Jacky Rosen (D-NV...
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Policymakers Shouldn't Attach More Borrowing to a Debt Ceiling Increase
The debt ceiling, or the statutory limit on the total amount of debt the federal government can accrue, is set to come back on August 1 after being...
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What's in the Bipartisan Infrastructure Investment and Jobs Act?
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...
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Trust Fund Solutions Would Be Pro-Growth
In our recent paper “ The Case for Trust Fund Solutions,” we showed that making the Social Security, Medicare, and highway trust funds solvent would...
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Two Ways to Reduce Prescription Drug Costs
High and rising prescription drug costs are contributing to the budgetary pressure faced by the federal government. Also, a significant number of...
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Can Medicare Advantage Reforms Save the Trust Fund?
We estimate costs will exceed dedicated revenue by about $505 billion over the next decade, leaving a $360 billion solvency gap after accounting for...
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Kent Conrad: Congress should reinstate the 'Conrad Rule' to prevent abuse of budget reconciliation
Kent Conrad is a former senator from North Dakota, a former Chairman of the Senate Budget Committee, and a member of the Committee for a Responsible...
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True Cost of Budget Plan Could Exceed $5 Trillion
The Senate may soon move forward on reconciliation instructions to allow for the enactment of $3.5 trillion in new spending and tax breaks (on top of...
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Maya MacGuineas on Fox Business Discussing the Growing National Debt
Committee for a Responsible Federal Budget President Maya MacGuineas joined “Mornings with Maria" on Fox Business to discuss the status of COVID...
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There is No Such Thing as Progressive SALT Cap Relief
According to media reports, Congress is considering reforming, rather than repealing, the $10,000 cap on the deduction for State and Local Taxes (SALT...
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Republican and Democratic Presidents Support Reducing the Tax Gap
One of the most fair and efficient ways for policymakers to raise revenue would be to close some portion of the “tax gap," or the difference between...