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.

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Jan 20, 2022 | Taxes

Policymakers Shouldn't Weaken Build Back Better Surtax

To help finance new spending and tax breaks, the House-passed...
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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...
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Jan 13, 2022

What Does Student Debt Cancellation Mean for Federal Finances?

We've previously estimated that cancelling all federal...
Jan 12, 2022 | Economics

2021 Inflation Totaled 6.7 Percent

The Bureau of Labor Statistics (BLS) today released Consumer Price Index (CPI)...
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Jan 6, 2022 | Taxes

Addressing Tax Expenditures Could Raise Substantial Revenue

While the House and Senate each has put forth...
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...
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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...
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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....
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Dec 22, 2021 | Budget Process

Upcoming Congressional Fiscal Policy Deadlines

The next few years will include several predictable fiscal policy deadlines that will force congressional action. Many provisions providing...
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)...
Dec 17, 2021 | Budgets & Projections

CBO Scores the Build Back Better Act

The Congressional Budget Office (CBO) has released cost estimates for...
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Dec 11, 2021 | Taxes

SALT Repeal Just Below $1 Million is Still Costly and Regressive

To avoid cutting taxes for households making over $1 million, some...
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Dec 10, 2021 | Budgets & Projections

CBO Estimates a Permanent Build Back Better

The Congressional Budget Office (CBO) today released an...
Dec 9, 2021 | Other Spending| Economics

Reducing Build Back Better Inflation Risk

As we recently discussed, the...
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Does Build Back Better Cost $1.6 Trillion or $2.4 Trillion?

UPDATE 12/10: Since this analysis was published, the Congressional Budget Office (CBO) has issued a...
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Dec 6, 2021 | Other Spending| Economics

What Will Build Back Better Mean for Inflation?

With inflation on track to reach its highest annual rate since 1990, ...
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Dec 2, 2021 | Other Spending

Appropriations Watch: FY 2022

Updated 12/2/21: The House passed...

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