Oct 31, 2017 | Health Care
House Releases Responsible Health Package
At a time when fiscal restraints are being disregarded, a House bill released yesterday would responsibly pay for extensions of the Children's Health...
Blog | October 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.
Oct 30, 2017 | Taxes
The Mortgage Interest Deduction Should Be on the Table
As efforts for tax reform continue, there will be plenty of discussion about which tax breaks should be retained and which should be reduced or...
Oct 27, 2017 | Taxes
Temporary Expensing is a Budget Gimmick and a Bad Idea
One provision included in the $2.2 trillion "Unified Tax Framework" would allow companies to fully deduct or "expense" capital purchases other than...
Oct 27, 2017 | Budgets & Projections
FY 2018 Budget Resolution Resources
This blog has been updated to reflect new publications as of 10/27/17.
Consideration of the congressional budget resolution has drawn to a close on...
Oct 25, 2017 | Taxes
Is President Trump's Tax Cut the Largest in History Yet?
President Trump has often stated that his proposed tax cut will be the largest in history. We previously found his $5.5 trillion framework in April...
Oct 24, 2017 | Taxes
Event Recap: Paying for Tax Reform
On October 4, the Committee for a Responsible Federal Budget (CRFB) hosted an event on Capitol Hill on the need to pay for tax reform. The event...
Oct 24, 2017 | Budgets & Projections
Senate Budget Is More Irresponsible Than the House
The House of Representatives is expected to vote this week to adopt the Senate’s budget resolution, rather than support their own budget resolution...
Oct 23, 2017 | Taxes
Maya MacGuineas: Trump Tax Cuts Could Cost Your Kids Dearly
Maya MacGuineas is president of the nonpartisan Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently...
How the FY 2018 Budget Could Avoid a Conference
The Senate Fiscal Year (FY) 2018 budget resolution passed last night on a 51-49 vote. The budget included a "technical" amendment by Senate Budget...
Several Amendments Would Improve the Senate Budget
The Senate is considering the FY 2018 Senate budget resolution this week. As is, the budget would facilitate legislation to add significantly to debt...