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.
Senate Insulin Proposal to Increase Prescription Drug Costs
The Senate may soon vote on the bipartisan Improving Needed Safeguards for Users of Lifesaving Insulin Now (INSULIN) Act, a bill designed to cap...
CBO Estimates "Chips-Plus" Bill Would Cost $79 billion
The Congressional Budget Office (CBO) has released a cost estimate for H.R. 4346, a “chips-plus” economic competitiveness bill. CBO estimates the...
WEP/GPO Repeal Would Mean Earlier Insolvency for Social Security
Congress may soon consider legislation to repeal Social Security's Windfall Elimination Provision (WEP) and Government Pension Offset (GPO)...
Build Your Own Carbon Tax
One way for the federal government to raise new revenue and reduce greenhouse gas emissions would be by putting a price on carbon. A carbon tax could...
Christopher Towner: Cut debt and tax carbon to help bring down inflation
Chris Towner is research director at the Committee for a Responsible Federal Budget. He recently wrote an opinion piece for Madison News, an excerpt...
Reconciliation Criticisms Are Off Base
As possible elements of a deficit-reducing reconciliation agreement have emerged, critics have attacked the plan for increasing recession risk...
Reconciliation Could Improve Medicare Solvency
According to press reports, policymakers are considering broadening the base of the 3.8 percent Net Investment Income Tax (NIIT) or self-employment...
The Fed’s Latest Economic Projections Show Higher Inflation, Lower Growth
The Federal Open Market Committee (FOMC) of the Federal Reserve released updated economic projections at its meeting last month. Along with the FOMC’s...
CBO Estimates Drug Savings for Reconciliation
The Congressional Budget Office (CBO) released estimates of the draft text for a prescription drug package that could be part of an upcoming...
Just How Big Are Federal Interest Payments?
According to the Congressional Budget Office's (CBO) latest baseline, the federal government will spend $400 billion on interest payments on the...
Marc Goldwein: The Fed Needs a Helping Hand to Fight Inflation
Marc Goldwein is senior vice president and senior policy director of the Committee for a Responsible Federal Budget. He recently wrote an opinion...
ARCHIVE #2: How Long Before Cancelled Student Debt Would Return?
Note: This analysis has been updated from the original version to reflect new estimates of how long it would take for the amount of student debt owed...