Oct 1, 2021 | Health Care
Health Savings Can Help Pay for Reconciliation
Policymakers are continuing to negotiate the "Build Back Better Act" ...
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.
Sep 30, 2021 | Budget Process
Upcoming Congressional Fiscal Policy Deadlines
The next few years will include several predictable fiscal policy deadlines that will force congressional action. Many provisions providing...
Sep 30, 2021 | Other Spending
Appropriations Watch: FY 2022
Updated 09/30/21: The Senate passed a so-called "clean" continuing resolution by a 65-35 vote the afternoon...
Sep 23, 2021 | Health Care
Limiting the Cost of Medicare Expansion
As Congress negotiates proposals for Medicare benefit expansions, it should consider ways to limit their costs by either ...
Sep 22, 2021 | Budgets & Projections
Reconciliation Unlikely to Produce $600 Billion in Dynamic Revenue
Policymakers are claiming their $3.5 trillion reconciliation ...
Sep 22, 2021 | Taxes
Maya MacGuineas: Mind the (tax) gap: To fund new spending, people should pay the taxes they owe
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...
Five Ways to Improve the FY 2022 Reconciliation Package
Congress is attempting to enact a large and ambitious agenda of new programs through the ...
Sep 20, 2021 | Budget Process
Prevent Government Shutdowns Act of 2021 Introduced in the Senate
Recently, Senators James Lankford (R-OK) and Maggie Hassan (D-NH)...
Better Targeting in Reconciliation
As lawmakers negotiate the details of their reconciliation package,...
Ways and Means Proposes $1.3 Trillion of Tax Breaks, $2.3 Trillion of Tax Hikes
UPDATE (9/13/2021): The Joint Committee on Taxation has released a full score...
Sep 9, 2021 | Taxes
Closing the Stepped-Up Basis Loophole
Reconciliation should not add a penny to the national debt. As lawmakers work to craft a package with ...
FY 2022 Reconciliation Tracker
Last Updated: 9/27/2021
Budget reconciliation is underway (read more...
Sep 7, 2021 | Budgets & Projections
Representatives Murphy and Cuellar Push for Fiscally Responsible Reconciliation
Representatives Stephanie Murphy (D-FL) and Henry Cuellar (D-TX) recently...
Biden Administration’s SNAP Increase Could Add $180 Billion to Deficits
The U.S. Department of Agriculture (USDA) recently ...
Event Recap: What's Going on With the Social Security and Medicare Trust Funds?
On September 1, the Committee for a Responsible Federal Budget hosted “What’s Going on With the Social Security and Medicare Trust Funds.” The...
Sep 2, 2021 | Taxes
CBO Estimates $120 Billion from IRS Funding Boost
Today, the Congressional Budget Office (CBO) published an estimate of the revenue effects of...
Trustees: Social Security & Medicare Approaching Insolvency
The Social Security (our analysis here) and...
Aug 17, 2021 | Budgets & Projections
Comparing the Cost of Build Back Better to Other Recent Legislation
Lawmakers are preparing to consider both portions of President Biden's Build Back Better agenda – the Senate-passed...
It’s Time to Wind Down the Student Loan Moratorium
The Biden administration recently...
