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Blog | December 2017

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.
Dec 11, 2017 | Other Spending

Policymakers Should Reform Student Loan Programs

Lawmakers will need offsets to keep year-end legislation from substantially worsening the debt, and one area we've suggested in our Mini-Bargain and...
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Dec 11, 2017 | Other Spending

Discretionary Cap Deal Could Cost Over $100 Billion Per Year

Lawmakers are reportedly considering a year-end deal to repeal the sequester and increase discretionary spending potentially as much as $230 billion...
Dec 8, 2017 | Taxes

The Tax Bill Conference Committee Can Make The Final Bill Responsible

Both the House and Senate versions of the Tax Cuts and Jobs Act (TCJA) as currently written would cost nearly $1.5 trillion on a conventional basis...
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Dec 5, 2017 | Taxes

Comparing the Two Versions of the Tax Cuts and Jobs Act Headed to Conference

The House and Senate have each passed their own version of the Tax Cuts and Jobs Act, and lawmakers from each chamber will have to iron out the...
Dec 5, 2017 | Taxes

Senate Tax Bill Could Ultimately Cost Up to $2 Trillion

The final Senate version of the Tax Cuts and Jobs Act (TCJA) would cost $1.45 trillion under conventional scoring and over $1 trillion on a dynamic...
Dec 1, 2017 | Taxes

No Estimate Shows Tax Bills Would Pay For Themselves

The Joint Committee on Taxation (JCT) released an official dynamic estimate of the Tax Cuts and Jobs Act (TCJA) yesterday as reported by the Senate...