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Blog | August 2019

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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Aug 30, 2019 | Health Care

How to Reduce Health Costs By $900 Billion

There is no single magic bullet to rein in the high cost of health care for households, businesses, and governments. But lawmakers are currently...
Aug 29, 2019 | Economics

Maya MacGuineas: With a growing debt, a fiscally responsible blueprint is needed to handle the next recession

Maya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote an...
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 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 | 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...