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.
Trillion-Dollar Deficits Could Return Next Year, But A Deal Could Make Them Worse
Trillion-dollar deficits will return next year, and a budget deal in the coming weeks could make them much worse. The continuing resolution (CR) that...
Three-Week Funding Deal Includes $30 Billion in Tax Cuts
Lawmakers came to a bipartisan agreement to end the federal government shutdown yesterday, but it came with a very high price. The continuing...
President Trump's Fiscal Record So Far
As the first year of the Trump Presidency closes, it is worth taking a look at how the fiscal health of the country has changed since President Trump...
House Continuing Resolution Sets Stage for Over $300 Billion in Costs
House Republicans released a draft continuing resolution (CR) last night to extend current levels of discretionary spending through February 16, which...
Lawmakers Should Offset Upcoming Disaster Relief
One of many things lawmakers are poised to take up early in the year is additional disaster relief in response to Hurricanes Harvey, Irma, and Maria...
The Hill: Head of Nonprofit Watchdog Fights with Both Parties
Maya MacGuineas is the president of the Committee for a Responsible Federal Budget. She was recently profiled in an article by Niv Elis of The Hill...
Sequester Relief is Too Costly to Add to the Credit Card
During the busy end to the year, lawmakers enacted a continuing resolution (CR) to keep the government funded through January 19. When that CR ends...
National Economists Club Speech: The Return of Trillion-Dollar Deficits
As lawmakers return for the new year after the enactment of the Tax Cuts and Jobs Act (TCJA), they also face a new budget outlook with higher debt...
Sizing Up Revenue With the Tax Bill Enacted
As lawmakers return for the new year after the enactment of the Tax Cuts and Jobs Act (TCJA), they also face a new budget outlook with significantly...
Resources for Tax Reform
Efforts to reform the tax code are underway, and the legislative process is in full swing. CRFB has been tracking and compiling the scores of each...
Official Analysis Finds Tax Bill Will Produce Marginal Growth, Cost $1.1 Trillion
At the end of December, the Joint Committee on Taxation (JCT) released its final dynamic analysis of the Tax Cuts and Jobs Act (TCJA). JCT's analysis...
Our Top 10 Charts of 2017
The year 2017 was a busy time for budget policy as lawmakers considered major legislation dealing with health care and taxes following the...