Committee for a Responsible Federal Budget
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Blog | October 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.
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Oct 23, 2017 | Taxes

Maya MacGuineas: Trump Tax Cuts Could Cost Your Kids Dearly

Maya MacGuineas is president of the nonpartisan Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently...
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How the FY 2018 Budget Could Avoid a Conference

The Senate Fiscal Year (FY) 2018 budget resolution passed last night on a 51-49 vote. The budget included a "technical" amendment by Senate Budget...
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Oct 18, 2017 | Budgets & Projections

FY 2018 Budget Resolution Resources

This blog has been updated to reflect new publications as of 10/18/17. Budget season is underway as part of a busy fall on Capitol Hill. Below are...
Oct 18, 2017 | Taxes

Resources for Tax Reform

Efforts to reform the tax code are underway, and they will pick up further this fall when the legislative process formally begins. CRFB has published...
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Several Amendments Would Improve the Senate Budget

The Senate is considering the FY 2018 Senate budget resolution this week. As is, the budget would facilitate legislation to add significantly to debt...
Oct 18, 2017 | Budget Process

How PAYGO Rules Could Affect Tax Reform

Most of the discussion about rules that could prevent tax reform from increasing the deficit has focused on the Byrd Rule. Congress could get around...
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Oct 13, 2017 | Taxes

Options to Help Pay for the Big Six Tax Reform Framework

The unified framework for tax reform released by the White House and GOP Congressional leaders includes several provisions that could result in about...
William Hoagland
Oct 12, 2017 | Budget Process

Bill Hoagland: A Disappearing Budget Process Unhelpful for Fiscal Responsibility

G. William Hoagland is Senior Vice President at the Bipartisan Policy Center and member of the Committee for a Responsible Federal Budget. He...
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Oct 12, 2017 | Economics

Have Stock Market Gains Reduced the National Debt?

On Fox News last night, President Trump claimed the growth in the stock market has reduced the national debt. It has not. The two measures are not...
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Oct 11, 2017 | Taxes

The State and Local Tax Deduction Should Be on the Table

As tax reform gets underway, there will be disagreement about which tax breaks should be eliminated or reformed and which should remain. There is a...

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