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.
Several Amendments Would Improve the Senate Budget
The Senate is considering the FY 2018 Senate budget resolution this week. As is, the budget would facilitate legislation to add significantly to debt...
How PAYGO Rules Could Affect Tax Reform
Most of the discussion about rules that could prevent tax reform from increasing the deficit has focused on the Byrd Rule. Congress could get around...
Options to Help Pay for the Big Six Tax Reform Framework
The unified framework for tax reform released by the White House and GOP Congressional leaders includes several provisions that could result in about...
Bill Hoagland: A Disappearing Budget Process Unhelpful for Fiscal Responsibility
G. William Hoagland is Senior Vice President at the Bipartisan Policy Center and member of the Committee for a Responsible Federal Budget. He...
Have Stock Market Gains Reduced the National Debt?
On Fox News last night, President Trump claimed the growth in the stock market has reduced the national debt. It has not. The two measures are not...
The State and Local Tax Deduction Should Be on the Table
As tax reform gets underway, there will be disagreement about which tax breaks should be eliminated or reformed and which should remain. There is a...
Does the State & Local Tax Deduction Mostly Help High-Income Households?
At a press briefing yesterday, White House Press Secretary Sarah Huckabee Sanders defended the fact that the Big 6 tax plan removes the state and...
Remembering Bill Frenzel
At our annual dinner on September 12, the Committee for a Responsible Federal Budget paid tribute to former Co-Chair William Eldridge “Bill” Frenzel...
Marking Up the FY 2018 Senate Budget
The Senate Budget Committee is scheduled to mark up its Fiscal Year (FY) 2018 budget resolution, which would create a legislative vehicle for tax...
Paying for Tax Reform Event on Capitol Hill
Today the Committee for a Responsible Federal Budget hosted an event on Capitol Hill focused on the prospects for tax reform. The event featured...
What Is a Reasonable Amount of Dynamic Revenue For Tax Reform?
Thoughtful tax reform has the potential to increase the size of the economy, lifting wages and incomes while also generating more tax revenue for the...
Seven Resolutions for the Fiscal New Year
October 1 marked the start of Fiscal Year (FY) 2018. While FY 2017 saw very little major legislation passed, a new year brings new opportunities...