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.
![](/sites/default/files/styles/article_listing/public/managed/media-images2022-02/KAG_1472_bw_0.jpg.webp?itok=zbYM7T5o)
Maya MacGuineas: How to Improve the Tax Extenders Bill? Start by Paying for It.
Maya MacGuineas, President of the Committee for a Responsible Federal Budget, wrote a commentary that appeared in the Wall Street Journal Washington...
![](/sites/default/files/styles/article_listing/public/managed/media-images2022-02/gimmick_3.jpg.webp?itok=_pFaOGfp)
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...
![](/sites/default/files/styles/article_listing/public/managed/media-images2022-02/taxdecoder_0.jpg.webp?itok=On_-FgOb)
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...
![](/sites/default/files/styles/article_listing/public/managed/media-images2022-02/KAG_1571.jpg.webp?itok=XBQNaYTX)
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 "...
![](/sites/default/files/styles/article_listing/public/managed/media-images2022-02/budgetincrease_1.png.webp?itok=3J12FDGg)
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...
![](/sites/default/files/styles/article_listing/public/managed/media-images2022-02/pentagon_9.jpg.webp?itok=rfjvskhZ)
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...
![](/sites/default/files/styles/article_listing/public/managed/media-images2022-02/money-256290_1280.jpg.webp?itok=-O9k2-n2)
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...
![](/sites/default/files/styles/article_listing/public/managed/media-images2022-02/1040tax.jpg.webp?itok=2XrlOWFN)
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...
![](/sites/default/files/styles/article_listing/public/managed/media-images2022-02/taxes_11.jpg.webp?itok=PpTslOzJ)
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...
![](/sites/default/files/styles/article_listing/public/managed/media-images2022-02/KAG_1472_bw_0.jpg.webp?itok=zbYM7T5o)
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...
![](/sites/default/files/styles/article_listing/public/managed/media-images2022-02/alice_rivlin.jpg.webp?itok=ZaM9kEzT)
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...
![](/sites/default/files/styles/article_listing/public/managed/media-images2022-02/deal_8.jpg.webp?itok=hSTvohGg)
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...