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.
Budget Gimmicks in the CRomnibus Bill
The eagerly awaited $1.1 trillion "CRomnibus" bill was released yesterday, and given its far-reaching nature, many aspects are being scrutinized. From...
Senator Coburn Publishes the Tax Decoder
Senator Coburn's office yesterday published the "Tax Decoder", a 300+ page guide describing more than 165 tax expenditures. The report highlights...
Marc Goldwein Testifies Before Energy and Commerce Health Subcommittee
Earlier today, CRFB Senior Policy Director Marc Goldwein testified before the House Energy and Commerce Health Subcommittee. The hearing, entitled "...
Yes, Tax Cuts Increase the Debt
With Congress set to retroactively revive the tax extenders for the past year at a cost of $42 billion, our president, Maya MacGuineas, published a...
Running Down the Checklist: The Defense Authorization
Before debating a potential "CRomnibus" bill to fund the government, lawmakers are ready to check one item off their lame-duck to-do list: a defense...
The ABLE Act: A Model for PAYGO
The House passed the ABLE Act yesterday, a bill that helps those who have been disabled since youth accumulate savings. The bill, with an estimated...
Tax Extenders Deal Violates the Budget Act, Adds to Debt
The House approved last night a deficit-increasing one-year tax extenders package. After a correction by the Joint Committee on Taxation, the updated...
How to Offset the Tax Extenders
Update (12/3): This blog has been updated to reflect a correction the Joint Committee on Taxation made to its estimate of the wind production credit...
Maya MacGuineas: Tax Break Talks Stall
Maya MacGuineas, President of the Committee for a Responsible Federal Budget, wrote a commentary that appeared in the Wall Street Journal Washington...
Budget Busting Deal on Tax Provisions
Congressional negotiators are reportedly nearing a deal to address the year-end tax extenders while adding $500 billion to the debt. By reinstating...
Finding a Social Security Solution We Can All Agree On
In October, the National Academy for Social Insurance published a study on Americans' preferred solution to making Social Security solvent. CRFB...
House Bill Would Double the Cost of the Research Credit
Recent press articles report that policymakers are negotiating a deal to accompany a temporary restoration of most of the 55 expired tax extenders...