Committee for a Responsible Federal Budget
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Blog | December 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.
Health Care_Doctors
Dec 15, 2017 | Health Care| Taxes

Health Package Sets Stage For Nearly $600 Billion of Costs

Ways and Means Committee Republicans have offered a package of health legislation that would delay several Affordable Care Act (ACA or "Obamacare")...
Debt Clock
Dec 13, 2017 | Budget Process

With Debt Limit Reinstated, It's Time for Reform

As lawmakers go to conference for the tax bill, an important issue has flown under the radar. The debt limit was reinstated on December 9 after the...
Maya MacGuineas
Dec 12, 2017 | Budgets & Projections

Maya MacGuineas: An Opportunity to Improve the Tax Bill While Replacing the PAYGO Sequester

Maya MacGuineas is president of the nonpartisan Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently...
Dec 12, 2017 | Taxes

Resources for Tax Reform

Efforts to reform the tax code are underway, and the legislative process is in full swing. CRFB has been tracking and compiling the scores of each...
Concept_Men Analyzing
Dec 12, 2017 | Taxes

JCT's Latest Analysis Confirms Tax Bills Will Produce Modest Growth, Won't Pay For Themselves

The Joint Committee on Taxation (JCT) released its dynamic analysis of the House's version of the Tax Cuts and Jobs Act (TCJA) yesterday. JCT's...
Dec 11, 2017 | Other Spending

Policymakers Should Reform Student Loan Programs

Lawmakers will need offsets to keep year-end legislation from substantially worsening the debt, and one area we've suggested in our Mini-Bargain and...
Concept_Budget Deal
Dec 11, 2017 | Other Spending

Discretionary Cap Deal Could Cost Over $100 Billion Per Year

Lawmakers are reportedly considering a year-end deal to repeal the sequester and increase discretionary spending potentially as much as $230 billion...
Concept_DC_Capitol Building
Dec 8, 2017 | Other Spending

Appropriations Watch: FY 2018

Last updated 12/8/2017. The House (by a 235-193 vote) and Senate (by an 81-14 vote) passed a continuing resolution this week which funds...
Dec 8, 2017 | Taxes

The Tax Bill Conference Committee Can Make The Final Bill Responsible

Both the House and Senate versions of the Tax Cuts and Jobs Act (TCJA) as currently written would cost nearly $1.5 trillion on a conventional basis...
Concept_DC_Capitol Building Winter
Dec 5, 2017 | Taxes

Comparing the Two Versions of the Tax Cuts and Jobs Act Headed to Conference

The House and Senate have each passed their own version of the Tax Cuts and Jobs Act, and lawmakers from each chamber will have to iron out the...