Committee for a Responsible Federal Budget
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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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Sep 24, 2021 | Other Spending

Appropriations Watch: FY 2022

Updated 09/24/21: The House passed a bill on Thursday, Sept. 23, that would provide $1 billion for the Iron Dome missile system in Israel. The funds...
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 dropping the expansions...
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Sep 22, 2021 | Budget Process

Upcoming Congressional Fiscal Policy Deadlines

Updated 9/22/2021: The House passed a continuing resolution on Tuesday, Sept. 21, that would fund the government through December 3 and suspend the...
Sep 22, 2021 | Budgets & Projections

Reconciliation Unlikely to Produce $600 Billion in Dynamic Revenue

Policymakers are claiming their $3.5 trillion reconciliation package will be fully paid for by counting on $600 billion of...
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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 ...
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Five Ways to Improve the FY 2022 Reconciliation Package

Congress is attempting to enact a large and ambitious agenda of new programs through the reconciliation process. While President Biden...
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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) introduced the Prevent Government Shutdowns Act of 2021 (PGSA). The bill would...
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Better Targeting in Reconciliation

As lawmakers negotiate the details of their reconciliation package, they will need to scale back some of their ambitions to prevent ...
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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 of the revenue proposals, including the revenue-raising items. The...
Sep 10, 2021

SALT Cap Repeal Would Be a Costly Mistake

Recent reports indicate Congress may repeal the $10,000 cap on the State and Local Tax (SALT) deduction in its $3.5 trillion reconciliation bill,...

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