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.
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Watch: What Should We Do About the Zombie Tax Extenders?
The Committee for a Responsible Federal Budget hosted a lunch and panel discussion on What Should We Do About the Zombie Tax Extenders? The...
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Ways and Means Tax Package Could Cost Over $900 Billion Now
Last month, the House Ways and Means Committee approved a tax package that would revive and extend several tax extenders through 2020 and dramatically...
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Maya MacGuineas: No budget. On the brink of default. It's a hell of a way to run a country.
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...
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CBO's Long-Term Debt Outlook Improved Slightly from Last Year, Here's Why
In its latest Long-Term Budget Outlook, the Congressional Budget Office (CBO) projects debt held by the public will rise from over 78 percent of Gross...
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Are There $1.6 Trillion in Tax Loopholes?
Former Vice President and 2020 presidential candidate Joe Biden told the Rainbow PUSH Coalition Convention on June 28 that the tax code contains $1.6...
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New Pension Bill Adds Too Much to the Debt
The House Ways and Means Committee is considering pension reform legislation that CBO estimates will add $ 64 billion to deficits over the next ten...
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Gene Steuerle: Alice Rivlin: The George Washington of the Congressional Budget Office
Alice Rivlin, who passed away on May 14, was among the greatest public servants of the modern era.
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Saving Social Security and Medicare Could Help Fix the Debt
The Congressional Budget Office's (CBO) Long-Term Budget Outlook shows debt rising continuously as a share of the economy over the next 30 years and...
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David Walker: It is time to confront fiscal failure
David Walker is a former Comptroller General of the United States (head of the U.S. Government Accountability Office) and past board member of the...
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Would a 10% VAT Pay for a $1,000 per Month UBI?
During the first 2020 Democratic presidential primary debate, candidate Andrew Yang claimed that his Universal Basic Income (UBI) proposal of $1,000...
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Mike Murphy: The question to ask in 2020
Mike Murphy is the director of the Committee for a Responsible Federal Budget's FixUS initiative. He recently wrote an opinion piece for The Fulcrum...
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CBO: Fixing the Debt Would Increase Income
Putting debt on a downward path could increase average income by almost $9,000 per person per year, or about 10 percent as compared to continuing on...