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.
Comparing the Cost of Build Back Better to Other Recent Legislation
Lawmakers are preparing to consider both portions of President Biden's Build Back Better agenda – the Senate-passed bipartisan infrastructure bill and...
It’s Time to Wind Down the Student Loan Moratorium
The Biden administration recently extended the federal student loan moratorium through January 2022. Under the moratorium, most federal student loan...
The Budgetary Implications of the Senate Budget Resolution
The recently released fiscal year (FY) 2022 Senate budget resolution provides reconciliation instructions allowing for deficit increases of up to $1...
How Much Could Build Back Better Add to the Debt, An Update
Note: with recent Administrative actions on SNAP, debt-to-GDP will be about 0.6 percent higher in all scenarios. As a result, it will now reach 107...
Former Budget Committee Director Warns Against Budgetary Gimmicks
Former Democratic House Budget Committee staff director Tom Kahn recently penned an op-ed for the Wall Street Journal in which he commended Congress...
Bipartisan House Group Sends Letter Calling for Process Reforms
A bipartisan group of ten members from the House of Representatives recently sent a letter to the Senate calling for the addition of budget process...
CBO's Deficit Projections Are Higher, Here's Why
In its updated Budget and Economic Outlook, the Congressional Budget Office (CBO) projected budget deficits will total $15.1 trillion between Fiscal...
The Senate Budget Resolution Would Allow $1.75 Trillion of Borrowing
Senate Budget Committee Chairman Bernie Sanders (I-VT) released a budget resolution for Fiscal Year (FY) 2022 today that allows for up to roughly $1...
CBO Report Shows Infrastructure is More Pro-Growth When It's Paid For
The Congressional Budget Office (CBO) released a report today detailing the macroeconomic effects of two illustrative, $500 billion infrastructure...
Infrastructure Plan Will Add $400 Billion to the Deficit, CBO Finds
The Congressional Budget Office (CBO) just published its score of the recently unveiled bipartisan Infrastructure Investment and Jobs Act. Though its...
Breaking Down $800 Billion in Economic Impact Payments
The Internal Revenue Service (IRS) recently published summary statistics for the three rounds of Economic Impact Payments (EIPs) paid through early...