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.
Oct 15, 2021 | Taxes

Former IRS Commissioner Urges Congress to Expand Information Banks Report to the IRS

Former Internal Revenue Service (IRS) Commissioner Charles O. Rossotti, who served under Presidents Clinton and Bush, recently published an op-ed in...
Oct 15, 2021 | Other Spending

Chartbook: Build Back Better for Less

Policymakers are apparently now targeting $1.5 trillion to $2.3 trillion of gross spending increases and tax cuts for their Build Back Better...
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Oct 12, 2021 | Budget Process

Upcoming Congressional Fiscal Policy Deadlines

Updated 10/12/2021: The House passed a short-term, $480 billion debt limit extension, expected to last until early December, on Tuesday,...
Oct 5, 2021 | Taxes

Event Recap: Tax Policy in the Build Back Better Act

On September 29, the Committee for a Responsible Federal Budget hosted “Tax Policy in the Build Back Better Act.” The event featured a panel of...
Oct 1, 2021 | Health Care

Health Savings Can Help Pay for Reconciliation

Policymakers are continuing to negotiate the "Build Back Better Act" reconciliation package and the overall size and scope...
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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 of Thursday, Sept. 30, and the House...
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...
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...
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...