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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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...