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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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...
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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Note: (7/6/2022): This analysis is now out of date.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...
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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...
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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...
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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...