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.
Concept_DC_White House
Jun 4, 2021 | Budgets & Projections

Breaking Down the Proposals in the President's FY 2022 Budget

Last week, the Biden Administration released its first full budget, laying out its proposals for Fiscal Year (FY) 2022 and the subsequent decade...

Partial Student Debt Cancellation is Poor Economic Stimulus

Last year, we estimated that fully canceling student debt would produce eight to 23 cents of economic activity for every dollar of cost and...
Jun 2, 2021 | Other Spending

Bipartisan Senate Highway Bill Needs Offsets

The Senate Environment and Public Works (EPW) Committee recently marked up and unanimously passed a bipartisan highway reauthorization bill...
May 28, 2021 | Budgets & Projections

An Overview of the President’s FY 2022 Budget

Moments ago, President Joe Biden unveiled his Fiscal Year (FY) 2022 budget proposal, outlining his tax and spending proposals and their effects on...
Vice President Joe Biden speaking
May 26, 2021 | Budgets & Projections

What We Hope to See in the President's FY 2022 Budget

The White House is slated to release President Biden’s first full budget proposal this Friday. Although the Fiscal Year (FY) 2022 budget request will...
May 25, 2021 | Health Care

Reducing Private Health Care Costs

Erica Socker and Mark Miller of Arnold Ventures last week penned a blog post in Health Affairs on the need to contain the costs...
May 25, 2021 | Budgets & Projections

CBO Releases Budget Projections Under Three Scenarios

Last week, the Congressional Budget Office (CBO) released a letter outlining how enacted legislation and certain amounts of additional...
May 21, 2021 | Budgets & Projections

What Would it Take to Stabilize the Debt?

Federal debt held by the public is now larger than annual economic output and is on track to reach 113 percent of Gross Domestic...
May 21, 2021 | Budgets & Projections

RSC Releases Its FY 2022 Budget Proposal

The Republican Study Committee (RSC), a group of over 150 House Republicans, released its annual budget proposal for Fiscal Year (FY) 2022 on...
May 18, 2021 | Other Spending

State & Local Aid is On Its Way, But Is It Needed?

Last week, the Department of Treasury issued guidelines for the allocations of $350 billion of direct state and local...