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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.
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Nov 19, 2019 | Budget Process

Upcoming Congressional Fiscal Policy Deadlines

Updated 11/19/2019: Congress did not complete action on appropriations before the end of the fiscal year on Sept. 30, although lawmakers enacted...
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Nov 19, 2019 | Other Spending

Appropriations Watch: FY 2020

Updated 11/19/2019: Congress did not complete action on appropriations before the end of the fiscal year on Sept. 30. Congress enacted a continuing...
Nov 18, 2019 | Taxes

2020 Federal Tax Brackets Are Here

The Internal Revenue Service (IRS) has released its tax year 2020 inflation adjustments for more than 60 federal tax provisions. To make these...
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Nov 7, 2019 | Social Security

Bernie Sanders's Social Security Expansion Act

This is the third policy explainer in our US Budget Watch 2020 series covering the 2020 presidential election. In the coming weeks and months, we...
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Nov 1, 2019 | Social Security

Bipartisan Group Introduces TRUST Act

Earlier this week, Senators Mitt Romney (R-UT), Joe Manchin (D-WV), Todd Young (R-IN), Doug Jones (D-AL), and Kyrsten Sinema (D-AZ), alongside...
Oct 28, 2019 | Taxes

Marc Goldwein & Tyler Evilsizer: Moving from a debt-busting tax cut to pro-growth tax reform

Marc Goldwein is the senior vice president and senior policy director at the Committee for a Responsible Federal Budget. Tyler Evilsizer is the...
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Oct 25, 2019 | Budgets & Projections

Treasury: 2019 Deficit was $984 Billion

The Treasury Department released final budget numbers for Fiscal Year (FY) 2019 today, showing last year's deficit totaled $984 billion, a $205...
Oct 23, 2019 | Budget Process

The Prevent Government Shutdowns Act Will Not Cost $12.6 Trillion

The Prevent Government Shutdowns Act (PGSA) would establish an automatic continuing resolution (auto-CR) to prevent shutdowns and would put into...
Oct 23, 2019 | Health Care

Could Medicare for All be Financed Entirely by Cutting Defense Spending?

Last week, The New York Times published an op-ed entitled “We Don’t Need to Raise Taxes to Have ‘Medicare for All’.” In it, Lindsay Koshgarian,...
Oct 23, 2019 | Social Security

Why Are CBO and SSA so Far Apart on SS2100?

Both the Social Security Administration's (SSA) chief actuary, and the Congressional Budget Office (CBO) recently released updated estimates of the...

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