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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Aug 3, 2021 | Budget Process

Upcoming Congressional Fiscal Policy Deadlines

Updated 8/3/2021: On Tuesday, the White House announced a more limited two-month extension of the eviction moratorium that expired on July 31. The...
Build Back Better Could Mean $2.9 Trillion in More Debt

Comparing the True Costs of Build Back Better and the TCJA

The bipartisan Infrastructure Investment and Jobs Act and the forthcoming budget reconciliation bill – together making up the core of the "Build Back...
Aug 3, 2021 | Budgets & Projections

How Much Could Build Back Better Add to the Debt?

While we do not have all the estimates for the bipartisan Infrastructure Investment and Jobs Act and details of the forthcoming...
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Jul 30, 2021 | Budget Process

Fiscal State of the Nation Introduced in the Senate and House

Senators Kyrsten Sinema (D-AZ), Joni Ernst (R-IA), Angus King (I-ME), Mark Kelly (D-AZ), Mike Braun (R-IN), Steve Daines (R-MT), and Jacky Rosen...
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Jul 29, 2021 | Other Spending

Appropriations Watch: FY 2021

Updated 7/29/2021: The House passed an emergency supplemental appropriations measure of $1.9 billion, intended to to address security concerns at the...
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Jul 29, 2021 | Other Spending

Appropriations Watch: FY 2022

Congress started marking up individual appropriations bills for Fiscal Year (FY) 2022 in June. Discretionary spending levels are no longer...
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Policymakers Shouldn't Attach More Borrowing to a Debt Ceiling Increase

The debt ceiling, or the statutory limit on the total amount of debt the federal government can accrue, is set to come back on August 1 after...
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Jul 29, 2021 | Other Spending

What's in the Bipartisan Infrastructure Investment and Jobs Act?

UPDATE 8/3: We have updated this summary to include our estimates of proposed offsets based on estimates from the Joint Committee on Taxation and...
Jul 28, 2021 | Budgets & Projections

Trust Fund Solutions Would Be Pro-Growth

In our recent paper “The Case for Trust Fund Solutions,” we showed that making the Social Security, Medicare, and highway trust funds solvent would...
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Jul 26, 2021 | Health Care

Two Ways to Reduce Prescription Drug Costs

High and rising prescription drug costs are contributing to the budgetary pressure faced by the federal government. Also, a significant...

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