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.
Tax Extender Package Could Lead to $710 Billion of More Debt
Update 6/24/2019: During markup, the Ways & Means Committee added an amendment further increasing the child tax credit for young children, at an...
Lawmakers Shouldn't Repeal Cadillac Tax Without Substantial Offsets
A bill to repeal the "Cadillac tax" on high-cost health insurance plans may soon get a vote on the House floor. This tax was an important part of the...
Event Recap: Disability Policy for the 21st Century
On Thursday, June 6, the Committee for a Responsible Federal Budget and the McCrery-Pomeroy SSDI Solutions Initiative hosted an event on " Disability...
CBO: Debt Remains Unsustainable With r < g
The national debt is rising at an unsustainable pace. A factor that helps is interest rates currently being lower than the economic growth rate (r
Watch: Disability Policy for the 21st Century
The McCrery-Pomeroy SSDI Solutions Initiative recently hosted a breakfast and panel discussion on Disability Policy for the 21st Century. A video of...
House Immigration Bill Should Be Offset
The House is poised to vote on the American Dream and Promise Act ( HR 6) that would allow certain immigrants to obtain Lawful Permanent Resident (LPR...
Judd Gregg: And the threat is...
J udd Gregg, a former Republican senator from New Hampshire, served as chairman of the Senate Budget Committee from 2005 to 2007 and ranking member...
Senate HELP Committee Releases Discussion Draft to Reduce Health Care Costs
The leaders of the Senate Health, Education, Labor, and Pensions (HELP) Committee recently released the Lower Health Care Costs Act, a discussion...
Lawmakers Should Offset Latest Disaster Relief Package
Yesterday, the Senate voted to appropriate an additional $19 billion in disaster relief to aid the damage caused by wildfires, hurricanes, and storms...
Representative Blumenauer Introduces Bill to Shore Up the Highway Trust Fund
Representative Earl Blumenauer (D-OR) has introduced the Rebuild America Act, which would raise the excise taxes on gasoline and diesel fuel five...
Maya MacGuineas: Federal Disaster Funding Doesn't Have To Be An Emergency
Maya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote an opinion...
Hearing Recap: Fixing a Broken Budget and Spending Process – Perspectives of Two Former Chairmen
The Senate Budget Committee began a series of hearings on reforming the budget process on May 15. The first hearing, “ Fixing a Broken Budget and...