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Blog

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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Feb 25, 2020 | Budget Process

Watch: 2020 Better Budget Process Summit - Building Momentum for Meaningful Reform

The Committee for a Responsible Federal Budget hosted the “2020 Better Budget Process Summit: Building Momentum for Meaningful Reform.” The event...

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Feb 24, 2020 | Other Spending

Bernie Sanders's Plan for Universal Child Care and Pre-K Education

Democratic presidential candidate Senator Bernie Sanders (I-VT) today unveiled his plan to provide free universal child care and pre-kindergarten...

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Feb 20, 2020 | Budgets & Projections

Debt Will Likely Rise, Not Fall, Under the President's Budget

According to the Office of Management and Budget (OMB), the President’s Fiscal Year (FY) 2021 budget would reduce debt from 80 percent of Gross...

Feb 12, 2020 | Other Spending

Bill Advances to Combat Improper Payments

Congress recently passed a bipartisan bill sponsored by Senator Tom Carper (D-DE) to improve efforts to identify and reduce improper payments across...

Feb 12, 2020 | Budgets & Projections

Spending Has Increased $800 Billion Under President Trump

President Trump's Fiscal Year (FY) 2021 budget calls for about $3.2 trillion in net deficit reduction over the next decade by our estimate, including...

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Feb 12, 2020 | Budgets & Projections

Interest Costs Will More Than Double Over the Next Decade

The Congressional Budget Office's (CBO) latest budget projections show interest on the national debt remains the fastest growing category of the...

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Feb 10, 2020 | Budgets & Projections| Health Care

The President's Budget Saves Medicare $600 Billion While Reducing Out-of-Pocket Costs

Last year, numerous politicians and outlets repeated the false and misleading claim that the President’s FY 2020 budget cut Medicare benefits by $845...

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Feb 10, 2020 | Budgets & Projections

An Overview of the President’s FY 2021 Budget

Moments ago, President Trump released his Fiscal Year (FY) 2021 budget proposal, outlining his tax and spending proposals and their effects on the...

Feb 7, 2020 | Budgets & Projections| Budget Process

Amy Klobuchar’s Plan to “Govern with Fiscal Responsibility”

Democratic presidential candidate Senator Amy Klobuchar (D-MN) put forward a Plan for the Future of Work and a Changing Economy in December...

Feb 4, 2020

Play Debt-O During State of the Union 2020!

Tonight, President Donald Trump will give his third State of the Union Address at 9 p.m. EST. During the address, we will be live tweeting, providing...

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Jan 31, 2020 | Budget Process

Senator Sinema Introduces Fiscal State of the Nation Resolution

This week, Senator Kyrsten Sinema (D-AZ), along with Senators Joni Ernst (R-IA), Jacky Rosen (D-NV), and Angus King (I-ME), introduced a...

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Jan 31, 2020 | Other Spending

BPC Releases Recommendations on Reforming Federal Higher Education Support

The Bipartisan Policy Center (BPC) Task Force on Higher Education Financing and Student Outcomes recently released a report outlining 45...

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Jan 31, 2020 | Budgets & Projections

GAO: Fiscal Sustainability Is a Growing Concern for Some Key Federal Trust Funds

Last week, the Government Accountability Office (GAO) released a report on the financial health of the nation’s federal trust funds. Requested by...

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Jan 28, 2020 | Budgets & Projections

CBO's Budget Projections Show Deteriorating Fiscal Outlook

The Congressional Budget Office (CBO) just released its latest Budget and Economic Outlook, which shows trillion-dollar deficits returning...

Sen. Bernie Sanders

Jan 22, 2020 | Other Spending

Have We Spent Trillions on Wars?

Presidential candidate Senator Bernie Sanders (I-VT) claimed at the presidential debate last week that the wars in the Middle East "have cost us...

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Jan 17, 2020 | Budgets & Projections| Budget Process

Bipartisan, Bicameral Group Requests CBO to Include Debt Servicing Impact in Legislative Cost Estimates

Senator Mike Lee (R-UT) and Representatives Ed Case (D-HI) and Michael Cloud (R-TX), in a bipartisan and bicameral group of 68 lawmakers, this week...

Jan 17, 2020 | Economics

Kurt Couchman: When will cheap credit dry up?

Kurt Couchman is co-director of legislative strategy at the Committee for a Responsible Federal Budget. He recently wrote an ...

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Jan 14, 2020 | Other Spending

Joe Biden's Preschool and K-12 Education Plan

Democratic presidential candidate and former Vice President Joe Biden has proposed his Plan for Educators, Students, and our Future focused on...

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Jan 14, 2020

Watch: Bridging Our Divides: Confronting America’s Threat from Within

FixUS, a project of the Committee for a Responsible Federal Budget, hosted "Bridging Our Divides: Confronting America's Threat from Within," a public...

Donald Trump

Jan 8, 2020 | Budgets & Projections

President Trump has Signed $4.7 Trillion of Debt into Law

Our US Budget Watch 2020 project analyzes, estimates, and explains the fiscal implications of proposals introduced during the presidential campaigns...

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