Apr 28, 2021 | Other Spending
What's in President Biden's American Families Plan?
This evening, President Joe Biden will unveil the third part of his ambitious “Build Back Better” agenda, the American Families Plan. According to...
Blog | April 2021
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.
Apr 22, 2021
Reflections on the Ed Lorenzen Fiscal Internship
By Dominic Gatti
It has been an honor to be the inaugural Ed Lorenzen Fiscal Intern, the position named in memory of a close friend and colleague of...
TRUST Act has Bipartisan, Bicameral Reintroduction
Last week, a bipartisan and bicameral group of lawmakers reintroduced the TRUST Act, which would establish bipartisan commissions to...
Apr 20, 2021 | Taxes
Repealing the SALT Cap Would be More Regressive than the TCJA
Recently, a number of Members of Congress have called for repealing the current $10,000 cap on the state and local tax (SALT) deduction. Many off...
Apr 20, 2021 | Budgets & Projections
GAO Releases Long-Term Budget Outlook
The Government Accountability Office (GAO) recently published its latest report on the nation’s long-term fiscal outlook. Once again, GAO...
Apr 19, 2021 | Budgets & Projections
Committee Sends Congress a Briefing Book on the Budget
The Committee for a Responsible Federal Budget recently shared our updated "Briefing Book for a Fiscally Responsible 117th Congress" ...
Apr 16, 2021 | Budget Process
Maya MacGuineas: Make the budget committees great again
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 ...
Apr 16, 2021 | Taxes
Maya MacGuineas on CNN Discussing the Corporate Tax Rate
Committee for a Responsible Federal Budget President Maya MacGuineas appeared on CNN's "New Day" to discuss raising the corporate tax rate to...
Apr 14, 2021
Illustrating the Case for Trust Fund Solutions
Some of the nation’s most important government programs are financed with dedicated revenue sources using federal trust funds. As we identified...
Apr 14, 2021 | Budget Process
Burchett and Case Reintroduce RAFT Act
Establishing fiscal goals, including debt targets, is one proactive way to begin to tackle our nation's unsustainable fiscal...