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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.
Aug 21, 2019 | Budgets & Projections

New CBO Budget Projections Show Toll of Budget-Busting Legislation

The Congressional Budget Office (CBO) just released its latest baseline, projecting high and rising debt made worse by recent legislation. CBO...
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Aug 19, 2019 | Taxes

How Much Would a Payroll Tax Holiday Cost?

Update 8/20/19: While speaking in the Oval Office, President Trump confirmed that a payroll tax cut and indexing capital gains were under discussion...
Aug 15, 2019 | Budgets & Projections

Where Does the Budget Stand Compared to Historical Averages?

Recently, there has been a lot of discussion over whether the country has a revenue problem or a spending problem. While there is no way to...
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Aug 15, 2019 | Other Spending

Appropriations Watch: FY 2020

Updated 8/15/2019: Press reports indicated the Senate would not proceed with appropriations bills until lawmakers reached a deal with the White House...
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Aug 7, 2019 | Other Spending

Was a "No" Vote on the Budget Deal a Vote for "More Spending"?

In support of the $1.7 trillion Bipartisan Budget Act of 2019 (BBA19), Senator David Perdue (R-GA) gave a floor speech and penned an op-ed arguing...
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Aug 7, 2019 | Budget Process

Upcoming Congressional Fiscal Policy Deadlines

Updated 8/7/2019: The House passed an agreement to raise the discretionary spending caps by $160 billion each year for FY 2020 and FY 2021 and...
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Aug 7, 2019 | Health Care

Senate Finance Prescription Drug Bill Would Reduce Deficits by $100 Billion

The Senate Finance Committee recently approved by a 19-9 vote a prescription drug bill, the Prescription Drug Pricing Reduction Act, that the...
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Jul 31, 2019 | Budgets & Projections

Even With Lower Interest Rates, Debt Remains Unsustainable

With the Federal Reserve today announcing a 0.25 percentage point decrease in the federal funds rate, it appears interest rates will remain...
Jul 31, 2019 | Budgets & Projections

Recent Fiscal Irresponsibility Will Double Deficits

As deficits are expected to climb above $1 trillion in the coming years, it's worth noting that tax cuts and spending hikes passed just in the...
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Jul 30, 2019

Factchecking and Live-Tweeting the Democratic Presidential Primary Debates

Tonight and tomorrow's Democratic presidential primary debates mark the second of the 2020 campaign and will surely touch on fiscal issues. Through...

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