Nov 3, 2021 | Taxes
$72,500 SALT Cap is Costly and Regressive
The latest version of the Build...
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.
State and Local Governments Flush with Cash
The Bureau of Economic Analysis (BEA) recently released data on...
5-Year SALT Cap Repeal Would Be Costliest Part of Build Back Better
According to press reports, policymakers are considering adding a...
Nov 1, 2021 | Other Spending
Build Back Better Visualized
Last week, the White House released a $1.75 trillion framework...
Reconciliation May Deliver a Tax Cut to the Rich
While much of the discussion surrounding the Build Back Better reconciliation package has focused on ...
Oct 29, 2021 | Taxes
Bank Reporting Can Help Reduce the Tax Gap
The White House has proposed a new framework for the Build Back...
Oct 29, 2021 | Taxes
Event Recap: Tax Gap Myths and Facts: A Conversation with Natasha Sarin
On October 26, the Committee for a Responsible Federal Budget hosted “Tax Gap Myths and Facts: A Conversation with Natasha Sarin.” The virtual...
Oct 28, 2021 | Budgets & Projections
What's in the Latest Build Back Better Framework?
We have published an full estimate of the House's Build Back Better Act based on CBO's scores of the bill ...
Could Reconciliation Deliver a Tax Cut to the Rich?
Note: This analysis was updated for new data and details on October 29, 2021. ...
Oct 26, 2021 | Other Spending
Maya MacGuineas: Reconciliation can work if Congress sets priorities and cuts the games
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...
Oct 25, 2021 | Taxes
SALT Cap Repeal Does Not Belong in Build Back Better
Press reports suggest lawmakers are...
Oct 22, 2021 | Other Spending
House Child Care Plan Cost Could Double If Made Permanent
As lawmakers discuss making...
Oct 22, 2021 | Budgets & Projections
Treasury: 2021 Deficit Was $2.8 Trillion
The Treasury Department released its final Monthly Treasury...
Oct 22, 2021 | Health Care
House ACA Plan Will Cost Almost $600 Billion and Cover 4 Million People, CBO Finds
The Congressional Budget Office (CBO) this week released...
Oct 21, 2021 | Other Spending
BBB Expirations Could Hide $1 to $2 Trillion of True Costs
As negotiations over President Biden’s Build Back Better...
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...
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" ...
FY 2022 Reconciliation Tracker
Last Updated: 12/20/2021
Budget reconciliation is underway (read more...
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 ...
