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.
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...
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...
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...
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...
Strategies to Lower Health Care Prices from KFF
Although most federal health spending goes to Medicare and Medicaid, the government is projected to lose over $350 billion of income and payroll tax...
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...
FixUS Poll: As July 4th Approaches, Patriotic Values Still Popular
In light of the pervasive political conflicts dominating national conversations, the Committee for a Responsible Federal Budget’s FixUS initiative, an...
Six Ways to Fight Inflation
Personal Consumption Expenditure (PCE) inflation rose by 6.3 percent over the past year and 0.6 percent last month according to new data from the...
Reducing Drug Prices and the Tax Gap
As lawmakers negotiate a possible reconciliation bill, they should look to offsets from the House-passed Build Back Better Act (BBB) to help fund new...
CBO Estimates TCJA Extensions Could Cost Up to $2.7 Trillion
The Congressional Budget Office's (CBO) latest baseline spells out what the federal budget will look like under current law, but also estimates the...