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/images/Concept_Money.jpg.webp?itok=UUkvtem4)
Ending the Student Debt Pause in January is a Cost, Not an Offset
Last week, the Biden administration announced a plan to forgive a portion of outstanding student debt, extend the moratorium on student loan payments...
![Money](/sites/default/files/styles/article_listing/public/managed/media-images2022-02/shutterstock_334002650.jpg.webp?itok=i1EXmMVN)
How Long Before Cancelled Student Debt Would Return?
Note: This analysis has been updated to reflect President Biden’s announced cancellation plan . You can read the original version here. President...
![Students Walking Corridor](/sites/default/files/styles/article_listing/public/managed/media-images2022-02/Students%20Walking%20Corridor.jpg.webp?itok=1JFAbOkD)
Latest Student Loan Payment Pause Brings Total Cost to $155 Billion
The Biden Administration announced another extension of the student loan repayment moratorium through the end of December as part of their larger...
![](/sites/default/files/styles/article_listing/public/images/Concept_calculator.jpg.webp?itok=LdoffGcD)
Maya MacGuineas: Biden’s Student Loan Plan Will Come at a Steep Cost for the Economy
Maya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote an opinion...
![](/sites/default/files/styles/article_listing/public/images/biden%20student%20loans%20inflation_2.jpg.webp?itok=o9y4ngAn)
Student Debt Changes Would Boost Inflation
The student debt cancellation and relief measures announced earlier this week by the Biden Administration would cost around $500 billion over a decade...
![](/sites/default/files/styles/article_listing/public/managed/media-images2022-02/shutterstock_394949902.jpg.webp?itok=jxkdnLac)
Everything You Need to Know About Student Debt Cancellation
Below are a few frequently asked questions about student debt cancellation and proposals around it. Whose debt has been cancelled? How much will Biden...
![](/sites/default/files/styles/article_listing/public/managed/media-images2022-02/shutterstock_394949902.jpg.webp?itok=jxkdnLac)
New Student Debt Changes Will Cost Half a Trillion Dollars
Note (9/26/2022): The Congressional Budget Office (CBO) has released an estimate that debt cancellation will cost $400 billion . Using new information...
![Money](/sites/default/files/styles/article_listing/public/managed/media-images2022-02/shutterstock_334002650.jpg.webp?itok=i1EXmMVN)
IRA Changes Could Erase $500 Billion of Long-Term Savings
Recently, we estimated the original Inflation Reduction Act (IRA) would reduce deficits by roughly $1.5 trillion over two decades, or nearly $2...
![](/sites/default/files/styles/article_listing/public/images/IRS%20vs%20Student%20Debt%20Pause%20and%20Cancellation%20Chart_v1.png.webp?itok=U8LAlKLf)
Cancelling Student Debt Would Undermine Inflation Reduction Act
The recently-passed Inflation Reduction Act (IRA) will reduce budget deficits by roughly $275 billion while pushing fiscal policy in the right...
![](/sites/default/files/styles/article_listing/public/images/Concept_Money.jpg.webp?itok=UUkvtem4)
The Inflation Reduction Act Would Reduce the Tax Gap
Of the $790 billion of savings and offsets in the Inflation Reduction Act (IRA) , about $125 billion would come from improving tax compliance...
![Dollar bills](/sites/default/files/styles/article_listing/public/managed/media-images2022-02/shutterstock_373239601.jpg.webp?itok=DXdapBI3)
IRA Saves Almost $2 Trillion Over Two Decades
The Inflation Reduction Act (IRA) would reduce budget deficits by over $300 billion in its first nine years, but much of the savings would take time...
![](/sites/default/files/styles/article_listing/public/managed/media-images2022-02/Virtual%20Doctor%20Appointment%20Health.jpg.webp?itok=PVcy7KkW)
Congress Should Proceed with Caution on Telehealth Extensions
On July 27, the House of Representatives passed the Advancing Telehealth Beyond COVID-19 Act, HR 4040, to extend telehealth flexibilities in Medicare...