Committee for a Responsible Federal Budget
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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.
Aug 11, 2021 | Budgets & Projections

How Much Could Build Back Better Add to the Debt, An Update

Note: with recent Administrative actions on SNAP, debt-to-GDP will be about 0.6 percent higher in all scenarios. As a result, it will now reach 107...
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Aug 10, 2021 | Other Spending

Former Budget Committee Director Warns Against Budgetary Gimmicks

Former Democratic House Budget Committee staff director Tom Kahn recently penned an op-ed for the Wall Street Journal in which he commended...
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Aug 10, 2021 | Budget Process

Bipartisan House Group Sends Letter Calling for Process Reforms

A bipartisan group of ten members from the House of Representatives recently sent a letter to the Senate calling for the addition of budget process...
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Aug 9, 2021 | Budgets & Projections

CBO's Deficit Projections Are Higher, Here's Why

In its updated Budget and Economic Outlook, the Congressional Budget Office (CBO) projected budget deficits will total $15.1 trillion between...
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Aug 9, 2021 | Budgets & Projections

The Senate Budget Resolution Would Allow $1.75 Trillion of Borrowing

Senate Budget Committee Chairman Bernie Sanders (I-VT) released a budget resolution for Fiscal Year (FY) 2022 today that allows for up to...
Aug 6, 2021 | Other Spending| Economics

CBO Report Shows Infrastructure is More Pro-Growth When It's Paid For

The Congressional Budget Office (CBO) released a report today detailing the macroeconomic effects of two illustrative, $500 billion infrastructure...
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Aug 5, 2021 | Other Spending

Infrastructure Plan Will Add $400 Billion to the Deficit, CBO Finds

The Congressional Budget Office (CBO) just published its score of the recently unveiled bipartisan Infrastructure Investment and Jobs Act. Though its...
Aug 4, 2021 | Other Spending

Breaking Down $800 Billion in Economic Impact Payments

The Internal Revenue Service (IRS) recently published summary statistics for the three rounds of Economic Impact Payments (EIPs) paid...
Aug 4, 2021 | Health Care

Representative Suozzi Introduces the WISH Act

Representative Thomas Suozzi (D-NY) recently introduced the WISH Act, which aims to provide catastrophic long-term care...

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