Committee for a Responsible Federal Budget
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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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There Are Plenty of Offsets for Infrastructure Package

A bipartisan group of senators has apparently reached agreement on a plan with...
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Jun 17, 2021 | Other Spending

What's In the Bipartisan Infrastructure Plan?

UPDATE 7/29: A bipartisan group of senators announced they had reached a deal on an...
Jun 17, 2021 | Taxes

Primer: Understanding the Tax Gap

One of the most fair and efficient ways for policymakers to raise revenue would be to close some portion of the “tax gap.” The tax gap is the...
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Jun 16, 2021 | Budgets & Projections

President's Budget Would Add More to Debt With Tax Cut Extensions

President Joe Biden's Fiscal Year (FY) 2022 budget ...
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Jun 16, 2021 | Budget Process

House Members Urge the Adoption of a Budget Resolution

On Monday, a group of five Democratic members of the House of Representatives sent a...
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How Much Would the President's Budget Extend Medicare Solvency?

The Medicare Hospital Insurance (HI) trust fund is only five years from insolvency according to both the...
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Jun 9, 2021 | Other Spending

Senate Finance Committee Hearing Highlights Need to Secure Highway Trust Fund

The Senate Finance Committee held a hearing last month titled “...
Jun 8, 2021 | Other Spending| Economics

COVID Relief Continues to Bolster Personal Income

New data from the Bureau of Economic Analysis (BEA)...
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Jun 7, 2021 | Budgets & Projections

Maya MacGuineas: Biden's Budget Reflects His Priorities, but Leaves Debt Unchecked

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...
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Jun 4, 2021 | Social Security

Time is Running Out to Save Social Security

Social Security, the nation's largest and arguably most important government program, is only a ...
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Jun 4, 2021 | Budgets & Projections

Breaking Down the Proposals in the President's FY 2022 Budget

Last week, the Biden Administration released its first full budget...
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Partial Student Debt Cancellation is Poor Economic Stimulus

Last year, we estimated that fully canceling student...
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Jun 2, 2021 | Other Spending

Bipartisan Senate Highway Bill Needs Offsets

The Senate Environment and Public Works (EPW) Committee...
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May 28, 2021 | Budgets & Projections

An Overview of the President’s FY 2022 Budget

Moments ago, President Joe Biden unveiled his Fiscal Year (FY) 2022 budget proposal,...
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May 26, 2021 | Budgets & Projections

What We Hope to See in the President's FY 2022 Budget

The White House is slated to release President Biden’s first full budget proposal this Friday. Although the Fiscal Year (FY) 2022 budget request...
May 25, 2021 | Health Care

Reducing Private Health Care Costs

Erica Socker and Mark Miller of Arnold Ventures last week penned a ...
May 25, 2021 | Budgets & Projections

CBO Releases Budget Projections Under Three Scenarios

Last week, the Congressional Budget Office (CBO) released a letter outlining how...
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May 21, 2021 | Budgets & Projections

What Would it Take to Stabilize the Debt?

Federal debt held by the public is now larger than annual economic output and is ...
May 21, 2021 | Budgets & Projections

RSC Releases Its FY 2022 Budget Proposal

The Republican Study Committee (RSC), a group of over 150 House Republicans, released its annual budget proposal for Fiscal Year (FY) 2022 on...
May 18, 2021 | Other Spending

State & Local Aid is On Its Way, But Is It Needed?

Last week, the Department of Treasury issued guidelines...

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