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.

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...
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...
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...
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...
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...
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...