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.
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Aug 9, 2021 | Budgets & Projections

The Senate Budget Resolution Would Allow $1.75 Trillion of Borrowing

Senate Budget Committee Chairman Bernie Sanders (I-VT) released a budget resolution for Fiscal Year (FY) 2022 today that allows for up to...
Aug 6, 2021 | Other Spending| Economics

CBO Report Shows Infrastructure is More Pro-Growth When It's Paid For

The Congressional Budget Office (CBO) released a report today detailing the macroeconomic effects of two illustrative, $500 billion infrastructure...
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Aug 5, 2021 | Other Spending

Infrastructure Plan Will Add $400 Billion to the Deficit, CBO Finds

The Congressional Budget Office (CBO) just published its score of the recently unveiled bipartisan Infrastructure Investment and Jobs Act. Though its...
Aug 4, 2021 | Other Spending

Breaking Down $800 Billion in Economic Impact Payments

The Internal Revenue Service (IRS) recently published summary statistics for the three rounds of Economic Impact Payments (EIPs) paid...
Aug 4, 2021 | Health Care

Representative Suozzi Introduces the WISH Act

Representative Thomas Suozzi (D-NY) recently introduced the WISH Act, which aims to provide catastrophic long-term care...
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?

Note: This analysis was updated for new data and details on August 11, 2021. See the updated analysis here. While we do not have all the ...
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Jul 30, 2021 | Other Spending

Appropriations Watch: FY 2021

Updated 7/30/2021: 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 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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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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