Washington Monument

Blog | February 2014

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.
Feb 28, 2014 | Economics| Budget Process| Taxes

How Camp's Discussion Draft Would Impact the Economy

Along with its analysis of the conventional revenue impacts (summarized here by CRFB), the Joint Committee on Taxation (JCT) analyzed the potential...
Feb 28, 2014 | Other Spending| Taxes

Double Counting: The Tax Reform Act and the Highway Trust Fund

The Tax Reform Act of 2014, House Ways and Means Chairman Dave Camp's (R-MI) discussion draft, is a sizeable document touching almost all parts of...
Feb 28, 2014 | Taxes

Comparison Chart: How Camp's Tax Reform Plan Stacks Up

On Wednesday, House Ways & Means Chairman Dave Camp released a detailed tax reform discussion draft, which we summarize and analyze...
Feb 27, 2014 | Taxes

CRFB's Analysis of the Tax Reform Act

To understand Rep. Dave Camp's (R-MI) tax reform discussion draft, you could read the 194-page section-by-section summary of the bill. Or you could...
Feb 27, 2014 | Other Spending

OCO Gimmick Makes an Unwanted (and Unnecessary) Comeback

A few weeks ago, we talked about the Senate veterans bill proposed by Senator Bernie Sanders, which would increase spending on veterans and pay for...
Feb 27, 2014 | Taxes

Fix the Debt Paper on Camp's Tax Reform Proposal

Yesterday, House Ways & Means Chairman Dave Camp released a tax reform discussion draft, and we commended him for the level of detail and...
Feb 26, 2014 | Budget Process

Revenue Impacts of Camp's Tax Reform Proposal

Earlier today, House Ways and Means Chairman Dave Camp (R-MI) released the Tax Reform Act of 2014, which would drastically restructure the U.S. tax...
Feb 26, 2014 | Taxes

Camp Proposes Draft to Cut Rates and Trim Deductions

In a widely anticipated move in the tax world, House Ways and Means Chairman Dave Camp (R-MI) has released a comprehensive tax reform discussion...

Defense Department Trims Personnel Costs and Other Programs To Live Within Means

In a somewhat atypical move, Defense Secretary Chuck Hagel previewed in a speech yesterday the Department of Defense's (DoD's) budget request for...
Feb 26, 2014 | Budget Process

Brookings' Pathway to Reforming the Budget

In a new and informative series on Reforming the Budget, the Brookings Institution looked at challenges facing the budget process and proposed...

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