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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Aug 9, 2021 | Budgets & Projections

The Senate Budget Resolution Would Allow $1.75 Trillion of Borrowing

Senate Budget Committee Chairman Bernie Sanders (I-VT) released a budget resolution for Fiscal Year (FY) 2022 today that ...
Aug 6, 2021 | Other Spending| Economics

CBO Report Shows Infrastructure is More Pro-Growth When It's Paid For

The Congressional Budget Office (CBO) released a report today detailing the macroeconomic...
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Aug 5, 2021 | Other Spending

Infrastructure Plan Will Add $400 Billion to the Deficit, CBO Finds

The Congressional Budget Office (CBO) just published its score of...
Aug 4, 2021 | Other Spending

Breaking Down $800 Billion in Economic Impact Payments

The Internal Revenue Service (IRS) recently published summary statistics for the three rounds of ...
Aug 4, 2021 | Health Care

Representative Suozzi Introduces the WISH Act

Representative Thomas Suozzi (D-NY) recently ...
Build Back Better Could Mean $2.9 Trillion in More Debt

Comparing the True Costs of Build Back Better and the TCJA

The bipartisan Infrastructure Investment and Jobs Act and the forthcoming budget reconciliation bill – together making up the core of the "Build...
Aug 3, 2021 | Budgets & Projections

How Much Could Build Back Better Add to the Debt?

Note: This analysis was updated for new data and details on August 11, 2021....
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Jul 30, 2021 | Other Spending

Appropriations Watch: FY 2021

Updated 7/29/2021: The House passed an emergency supplemental appropriations measure of $1.9 billion, intended to to address security concerns at the...
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Jul 30, 2021 | Budget Process

Fiscal State of the Nation Introduced in the Senate and House

Senators Kyrsten Sinema (D-AZ), Joni Ernst (R-IA), Angus King (I-ME),...
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Policymakers Shouldn't Attach More Borrowing to a Debt Ceiling Increase

The debt ceiling, or the statutory limit on the total...
Jul 28, 2021 | Budgets & Projections

Trust Fund Solutions Would Be Pro-Growth

In our recent paper “The Case for Trust Fund Solutions,” we showed that...
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Jul 26, 2021 | Health Care

Two Ways to Reduce Prescription Drug Costs

High and rising prescription drug costs are contributing to the budgetary pressure faced by the federal government. Also, a significant...
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Jul 22, 2021 | Budget Process

Kent Conrad: Congress should reinstate the 'Conrad Rule' to prevent abuse of budget reconciliation

Kent Conrad is a former senator from North Dakota, a former Chairman of the Senate Budget Committee, and a member of the Committee for a...
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True Cost of Budget Plan Could Exceed $5 Trillion

The Senate may soon move forward on reconciliation instructions to allow for the...
Jul 8, 2021

Maya MacGuineas on Fox Business Discussing the Growing National Debt

Committee for a Responsible Federal Budget President Maya MacGuineas joined “Mornings with Maria" on Fox Business to discuss the status of COVID...
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Jul 6, 2021 | Taxes

Republican and Democratic Presidents Support Reducing 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," or the difference...
Jul 6, 2021 | Other Spending

How Long Before Cancelled Student Debt Would Return?

Federal student loan borrowers currently owe $1.6 trillion of student debt to the federal government. Cancelling some or all debt for current...

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