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.
Look Out for Gimmicks!
The President is scheduled to release his budget tomorrow, which will detail his policy priorities for the coming decade. The budget typically details...
Deficit Reduction Proposals in the President's Last Budget
Tomorrow, President Obama will release his FY2015 budget, which will detail his visions and priorities for the upcoming years. In previous years, the...
Judd Gregg: Some Light at the End of the Tunnel
Judd Gregg, former chairman of the Senate Budget Committee, wrote an op-ed in The Hill today. It is reposted here. After much ado and little done in...
How Camp's Discussion Draft Would Impact the Economy
Along with its analysis of the conventional revenue impacts ( summarized here by CRFB), the Joint Committee on Taxation (JCT) analyzed the potential...
Double Counting: The Tax Reform Act and the Highway Trust Fund
The Tax Reform Act of 2014, House Ways and Means Chairman Dave Camp's (R-MI) discussion draft, is a sizeable document touching almost all parts of the...
Comparison Chart: How Camp's Tax Reform Plan Stacks Up
On Wednesday, House Ways & Means Chairman Dave Camp released a detailed tax reform discussion draft, which we summarize and analyze here. On its own...
CRFB's Analysis of the Tax Reform Act
To understand Rep. Dave Camp's (R-MI) tax reform discussion draft, you could read the 194-page section-by-section summary of the bill. Or you could...
OCO Gimmick Makes an Unwanted (and Unnecessary) Comeback
A few weeks ago, we talked about the Senate veterans bill proposed by Senator Bernie Sanders, which would increase spending on veterans and pay for it...
Fix the Debt Paper on Camp's Tax Reform Proposal
Yesterday, House Ways & Means Chairman Dave Camp released a tax reform discussion draft, and we commended him for the level of detail and...
Revenue Impacts of Camp's Tax Reform Proposal
Earlier today, House Ways and Means Chairman Dave Camp (R-MI) released the Tax Reform Act of 2014, which would drastically restructure the U.S. tax...
Camp Proposes Draft to Cut Rates and Trim Deductions
In a widely anticipated move in the tax world, House Ways and Means Chairman Dave Camp (R-MI) has released a comprehensive tax reform discussion draft...
Defense Department Trims Personnel Costs and Other Programs To Live Within Means
In a somewhat atypical move, Defense Secretary Chuck Hagel previewed in a speech yesterday the Department of Defense's (DoD's) budget request for...