Feb 10, 2022 | Taxes
Gas Tax Holiday Would Cost $20 Billion
This week, a group of senators introduced legislation to suspend the federal gas tax through December 2022 amid rising inflation. We...
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.
Feb 10, 2022 | Budgets & Projections
How Would Higher Interest Rates Affect Interest Payments?
Interest on the national debt is projected to be the fastest growing part of the federal budget. We estimate, based on the Congressional Budget...
Feb 9, 2022 | Health Care
Senate Finance Subcommittee Holds Hearing on the Medicare Trust Fund
The Senate Finance Committee's Fiscal Responsibility and Economic Growth Subcommittee held a hearing on February 2, 2022, regarding the Medicare...
Feb 9, 2022 | Social Security
Ten Options to Secure the Social Security Trust Fund
The Social Security trust funds are expected to be insolvent by 2032 according to the Congressional Budget Office (CBO) and by 2034 according to...
Feb 8, 2022 | Budget Process
Upcoming Congressional Fiscal Policy Deadlines
Updated 2/8/22: The House passed a third FY 2022 continuing resolution through March 11, 2022, on Tuesday, Feb. 8, by a 272-162 vote. The Senate has...
Feb 8, 2022 | Other Spending
Appropriations Watch: FY 2022
Updated 2/8/22: The House passed a third FY 2022 continuing resolution through March 11, 2022, on Tuesday, Feb. 8, by a 272-162 vote. The Senate has...
Feb 4, 2022 | Other Spending
Ten Options to Secure the Highway Trust Fund
Accounting for the enactment of the bipartisan infrastructure law (formally, the Infrastructure Investment and Jobs Act), we estimate ...
Feb 3, 2022 | Other Spending
The Infrastructure Bill’s Impact on the Highway Trust Fund
In addition to new investments in surface transportation, transit, broadband, energy, water, tax breaks, and other transportation spending, the...
New Report Shows Student Debt Cancellation is Regressive
Recently, Adam Looney, Executive Director of the Marriner S. Eccles Institute at the University of Utah and a Nonresident Senior Fellow in Economic...
Jan 20, 2022 | Taxes
Policymakers Shouldn't Weaken Build Back Better Surtax
To help finance new spending and tax breaks, the House-passed Build Back Better Act (and the Senate Finance Committee’s version)...