Sep 21, 2018 | Taxes
No, Really, Tax Revenue Has Not Risen
Update: After the end of the fiscal year, we published an updated version of this piece with final numbers from the Treasury Department.
At the...
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 18, 2018 | Budgets & Projections
The Progressive Caucus FY 2019 "People's Budget"
The Congressional Progressive Caucus (CPC) released its “The People’s Budget: A Roadmap for the Resistance” for Fiscal Year (FY) 2019, which calls...
House to Consider Another $59 Billion of Tax Cuts
The House will likely consider a package of health-related tax cuts this week, separate from the permanent extension of the 2017 tax...
Sep 12, 2018 | Taxes
Tax Cut Extensions Would Cost $657 Billion
The House Ways and Means Committee on Monday released three bills they are dubbing "Tax Reform 2.0." The biggest of these bills would extend many of...
Sep 6, 2018 | Health Care
CMS Takes Some Steps to Improve Medicare Payments
Over the past two months, the Center for Medicare and Medicaid Services (CMS) has proposed or issued several new rules aimed at reducing costs and...
Aug 31, 2018 | Budget Process
We Need Functional, Not Budget-Busting, Bipartisanship
The House and Senate appear to be moving through the appropriations process better and faster than any time in at least the last nine years. Congress...
Aug 28, 2018 | Economics
CBO Shows Faster Growth Is Important for Fixing the Debt
Strong, sustained economic growth is an important ingredient in putting the debt on a sustainable course. In addition to increasing incomes and...
Taking a Look at CBO's New Transparency Efforts
The Congressional Budget Office (CBO) has worked hard to improve transparency and accessibility of its data and analysis. Over the past two years,...
Aug 17, 2018 | Social Security
Rokita Introduces Reforms to SSDI
Our McCrery-Pomeroy SSDI Solutions Initiative shows the importance of improving the Social Security Disability Insurance (SSDI) program and puts...
Aug 17, 2018 | Other Spending
Congress Should Reform NFIP
Authorization for the nation’s primary flood insurance, the National Flood Insurance Program (NFIP), expires November 30. Unless Congress acts to...
Aug 16, 2018 | Taxes
Has Revenue Risen in 2018?
Update: After the end of the fiscal year, we published an updated version of this piece with final numbers from the Treasury Department.
The...
Aug 15, 2018 | Budgets & Projections
Maya MacGuineas: Fiscal Recklessness Puts the Next Crisis on Our Doorstep
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 ...
CBO Releases New Economic Projections
The Congressional Budget Office (CBO) released new ten-year economic projections today, updating its projections from April. The latest...
A Plan to Save the Highway Trust Fund
House Transportation and Infrastructure Committee Chairman Bill Shuster (R-PA) recently introduced a discussion draft of legislation to improve the...
Aug 8, 2018 | Budgets & Projections
CBO Shows That Policymakers Could Make the Long-Term Outlook Much Worse
The Congressional Budget Office (CBO) today released a look at various long-term budget scenarios. Most notably, the report shows how much more bleak...
Aug 1, 2018 | Budget Process
Three Measures We Hope the JSC Will Consider
The Joint Select Committee on Budget and Appropriations Process Reform (JSC) has an important opportunity to improve our broken budget process....
Aug 1, 2018 | Budgets & Projections
Maya MacGuineas: National Debt is About to Roar Back to Life as a Pressing Issue
Maya MacGuineas, president of the Committee for a Responsible Federal Budget, published an op-ed with CNN. An excerpt is below.
As a result of...
Has the Recent Economic Boom Offset 88% of the Cost of the Tax Cut?
In a Wall Street Journal op-ed shared by the House Ways and Means Committee, Mike Solon of US Policy Metrics makes the argument that thanks to...
Jul 27, 2018 | Economics
Growth Just Hit 4.1 Percent – Don't Expect It To Last
The Bureau of Economic Analysis today released its initial estimate that the economy grew at a 4.1 percent annualized rate in the second ...
Jul 26, 2018 | Social Security
Ways and Means Subcommittee Examines Changes to the SSDI Appeals Process
The House Ways and Means Subcommittee on Social Security held a hearing on July 25 regarding changes to the adjudication process for the Social...
