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Blog | January 2018

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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Jan 11, 2018 | Other Spending

Lawmakers Should Offset Upcoming Disaster Relief

One of many things lawmakers are poised to take up early in the year is additional disaster relief in response to Hurricanes Harvey, Irma, and Maria...
Jan 10, 2018

The Hill: Head of Nonprofit Watchdog Fights with Both Parties

Maya MacGuineas is the president of the Committee for a Responsible Federal Budget. She was recently profiled in an article by Niv...
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Jan 9, 2018 | Other Spending

Sequester Relief is Too Costly to Add to the Credit Card

During the busy end to the year, lawmakers enacted a continuing resolution (CR) to keep the government funded through January 19. When that CR ends,...
Jan 8, 2018 | Budgets & Projections

National Economists Club Speech: The Return of Trillion-Dollar Deficits

As lawmakers return for the new year after the enactment of the Tax Cuts and Jobs Act (TCJA), they also face a new budget outlook with higher debt,...
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Sizing Up Revenue With the Tax Bill Enacted

As lawmakers return for the new year after the enactment of the Tax Cuts and Jobs Act (TCJA), they also face a new budget outlook with significantly...
Jan 5, 2018 | 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...
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Jan 3, 2018 | Taxes

Official Analysis Finds Tax Bill Will Produce Marginal Growth, Cost $1.1 Trillion

At the end of December, the Joint Committee on Taxation (JCT) released its final dynamic analysis of the Tax Cuts and Jobs Act (TCJA). JCT's analysis...