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.
Concept_Health Care_RX Bottles
Jan 13, 2022 | Health Care

Build Back Better Drug Reforms Would Lower Costs

The House-passed Build Back Better Act includes several reforms to reduce prescription drug costs for the federal government, seniors, and the public...
Jan 13, 2022

What Does Student Debt Cancellation Mean for Federal Finances?

We've previously estimated that cancelling all federal student debt would cost the same as the outstanding value of the loans, which is currently $1....
Jan 12, 2022 | Economics

2021 Inflation Totaled 6.7 Percent

The Bureau of Labor Statistics (BLS) today released Consumer Price Index (CPI) inflation data for December 2021. Based on BLS’s data, we...
Taxes_1040 Form
Jan 6, 2022 | Taxes

Addressing Tax Expenditures Could Raise Substantial Revenue

While the House and Senate each has put forth its own version of the Build Back Better Act reconciliation legislation, the offsets...
Jan 6, 2022 | Taxes

Build Your Own Child Tax Credit 2.0

As lawmakers continue to debate if and how to address the recently-expired Child Tax Credit (CTC) expansion from the American Rescue Plan, our newly-...
Jan 4, 2022 | Other Spending| Economics

Student Debt Cancellation Resources Page

Overview Student debt cancellation has gained attention in recent years as a policy proposal to address rising student debt levels in the United...
Dec 29, 2021 | Budgets & Projections

Our Top 21 Fiscal Charts of 2021

2021 was a busy year for fiscal policy, which gave us ample opportunities to conduct substantive policy analyses using charts and tables. This...
Dec 21, 2021 | Taxes

Build Your Own Child Tax Credit

As the year comes to a close, lawmakers continue to discuss if and how to extend the American Rescue Plan's one-year Child Tax Credit (CTC) expansion...
Dec 17, 2021 | Budgets & Projections

CBO Scores the Build Back Better Act

The Congressional Budget Office (CBO) has released cost estimates for every title of the House-passed Build Back Better Act (H.R. 5376). Without...
Dec 13, 2021 | Taxes

New SALT Proposals Would Improve House Bill

So far, nearly every proposal introduced or suggested to change the state and local tax (SALT) deduction cap would be unnecessarily costly and...