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.
Breaking Down the One Big Beautiful Bill
Note: (06/23/2025) Some categorizations and numbers in the Ways and Means' section of the table below have been updated to more accurately reflect the...
Permanent House Tax Cuts Come with $5.2 Trillion Price Tag
Note: (06/23/2025) Some categorizations and numbers in the table below have been updated to more accurately reflect the bill's potential impact. The...
CBO Estimates $3 Trillion of Debt from House-Passed OBBBA
The Congressional Budget Office (CBO) released an updated cost estimate for the House-passed One Big Beautiful Bill Act (OBBBA) today, projecting that...
Fiscal Commission Act Reintroduced in the House
Representatives Bill Huizenga (R-MI) and Scott Peters (D-CA), Co-Chairs of the Bipartisan Fiscal Forum, recently reintroduced the Fiscal Commission...
What Would It Take to Reach “Big, Beautiful, Balance”?
If policymakers enact the House-passed reconciliation bill, they will need to find at least $17 trillion in savings to balance the budget. President...
House Reconciliation Bill Barely Slows Spending Growth
Although the concurrent budget resolution called for the House to cut mandatory spending by $2 trillion over the next decade, the House-passed One Big...
Maya MacGuineas on CNBC's "Squawk Box"
Committee president Maya MacGuineas recently appeared on CNBC's "Squawk Box" with hosts Joe Kernen and Andrew Ross Sorkin to discuss the House budget...
Five Ways the Senate Can Improve OBBBA
The House-passed One Big Beautiful Bill Act (OBBBA) would add roughly $3 trillion to the debt including interest through 2034 as written, and we...
CBO's First Score of House Reconciliation Bill
The Congressional Budget Office (CBO) released its first comprehensive estimate of the House’s Fiscal Year (FY) 2025 reconciliation bill – the One Big...
Further SALT Cap Relief Only Benefits High Earners
Raising the current $10,000 cap on the State and Local Tax (SALT) deduction would primarily benefit high earners . Further increasing the cap above...
Changes Move Reconciliation Bill in the Wrong Fiscal Direction
The House of Representatives may vote on the reconciliation package, or the “One, Big, Beautiful Bill Act” (OBBBA), this week. House leadership...
Interest Costs Could Explode from High Rates and More Debt
Interest costs are projected to approach $1 trillion this year, nearly triple 2020 levels. In light of current interest rates and the ongoing...