Committee for a Responsible Federal Budget
Washington Monument

Blog | April 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.
Concept_DC_Washington Monument
May 1, 2017

Maya MacGuineas Named a "Distinguished Person of the Week" by Washington Post Blogger

In her Washington Post blog, "Right Turn," Jennifer Rubin decided to recognize a few "Distinguished Persons of the Week." Her first mention was...
Apr 28, 2017 | Taxes

Maya MacGuineas: Trump's Tax Plan Will Add $5.5 Trillion to the Debt

Maya MacGuineas is president of the nonpartisan Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently...
Concept_DC_Capitol Building
Apr 28, 2017 | Budget Process

The Byrd Rule and Its Effect on Health Reform: A Short Guide

Recent press reports have suggested that amendments to the American Health Care Act (AHCA)—legislation to replace "Obamacare"—might run afoul of a...
Donald Trump
Apr 26, 2017 | Taxes

Is President Trump's Tax Cut the Largest in History?

In their tax reform framework memo, the Trump Administration calls their plan "The Biggest Individual and Business Tax Cut in American History." And...
Donald Trump
Apr 26, 2017 | Taxes

How Much Will Trump's Tax Plan Cost?

The White House released principles and a framework for tax reform today. We applaud the President's focus on tax reform, but the plan includes far...
Taxes_1040 Form
Apr 25, 2017 | Taxes

Comparing the Trump Campaign and Better Way Tax Plans

With President Trump expected to release new details about his Administration's tax reform plan on Wednesday, we thought it would be useful to take...
Apr 20, 2017 | Taxes

America Needs Tax Reform, Not More Debt

A New York Times op-ed written by Steve Forbes, Larry Kudlow, Arthur Laffer, and Stephen Moore argued that since tax reform is hard, Republicans...
Apr 18, 2017 | Taxes

Tax Day 2017: Charts to Explain Our Tax System

To commemorate Tax Day, CRFB and our partners at Fix the Debt have released our annual chartbook on federal taxes. It outlines who pays taxes, what...
Other Spending_Infrastructure_Crane
Apr 18, 2017 | Other Spending| Economics

Increasing Infrastructure Investment Must Be Paid For

In a recent interview with The New York Times, President Trump said that he wants to invest $1 trillion in infrastructure because "we are borrowing...
Apr 17, 2017 | Taxes

Where Tax Dollars Went Last Year

In honor of Tax Day tomorrow, we've published our annual Taxpayer Receipt, which gives a line-by-line breakdown of where tax dollars go. For example...