Committee for a Responsible Federal Budget
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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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Oct 20, 2016 | Budgets & Projections

Social Security, Health, and Interest Spending Account for Four-Fifths of Spending Growth

The deficit will rise dramatically over the next decade, from about $590 billion at the end of Fiscal Year (FY) 2016 to over $1.2 trillion at the end...
Oct 19, 2016 | Taxes

Would Clinton Double Some People's Taxes?

During the third presidential debate on October 19, Republican presidential nominee Donald Trump said about Hillary Clinton's tax plan, "Her...
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Oct 19, 2016 | Social Security

Five Easy Fixes that Won't Save Social Security

Tonight’s Presidential debate will include a discussion of debt and entitlements, which hopefully touches on the looming insolvency of the government...
Oct 19, 2016

Let's Have a Real Debate

Cross-posted on the Fix the Debt blog The first two presidential debates offered a lot of drama but little substance. So the final debate...
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Will Obamacare Be One of the Biggest Line Items in the Budget?

During the second presidential debate on October 9, Donald Trump said in response to a question about the Affordable Care Act ("Obamacare...
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Oct 18, 2016 | Social Security

The Social Security COLA for 2017 Has Been Announced

Today the Social Security Administration (SSA) announced the cost-of-living adjustment (COLA) for Social Security benefits next year will be 0.3...
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Oct 11, 2016 | Social Security

Three Takes on Reforming Social Security

Though neither major party presidential nominee has offered a plan to shore up the Social Security trust funds, prompt action is needed to prevent...
Oct 7, 2016 | Budgets & Projections

The Fiscal State of Play

Some commentators have made the argument that our nation’s fiscal challenges are not particularly large. So what is the fiscal state of play?...
Oct 7, 2016 | Budget Process

Senator Perdue Outlines Ideas for Budget Process Reform

After leading a colloquy on the Senate floor regarding problems with the budget process, Senator David Perdue (R-GA) outlined his plans for budget...
Eugene Steuerle
Oct 7, 2016 | Social Security

Gene Steuerle: Social Security Must Be Fair for Everyone, Not Just Retirees

Dr. Eugene (Gene) Steuerle is the Richard B. Fisher chair and Institute fellow at the Urban Institute and a member of the Committee for a Responsible...
Oct 7, 2016 | Budgets & Projections

Maya MacGuineas: Debate Questions But No Real Answers on National Debt, Social Security

Maya MacGuineas, president of the nonpartisan Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt, analyzed the vice...
Oct 6, 2016 | Taxes

Is Clinton's Tax Increase One of the Largest in History?

In addition to a statement about his tax cut during the first presidential debate in late September, Republican presidential nominee Donald Trump...
Oct 4, 2016 | Economics

Judd Gregg: Time for fiscal policy to drive growth

Judd Gregg, a former Republican senator from New Hampshire, served as chairman of the Senate Budget Committee from 2005 to 2007 and ranking member...
Oct 3, 2016 | Budgets & Projections

Clinton & Trump: Where Will Our Debt Be in 10 Years?

Our recent report Promises and Price Tags: A Preliminary Update estimated that both major party presidential candidates' proposals would add to...
Tim Penny
Oct 3, 2016 | Social Security

Tim Penny: Clinton and Democrats Need to Address Social Security

Tim Penny is the president and CEO of the Southern Minnesota Initiative Foundation, a former congressman from Minnesota, and a co-chair of the...
Sep 30, 2016 | Budget Process

Senator Dan Coats Introduces Bill To Establish Fiscal Commission

Senator Dan Coats (R-IN) introduced the ‘‘Mandatory Bureaucratic Realignment and Consolidation Commission Act of 2016’’ (or...
Sep 30, 2016 | Budgets & Projections

As We Enter the New Fiscal Year, A Look Back at FY 2016

While most of the country will not be celebrating the new year for another three months, today marks the turnover of the fiscal year (FY) with...
Sep 29, 2016 | Budget Process

Senator David Perdue Advocates For New Budget Process Reforms

As Congress rushed to pass a temporary continuing resolution to keep the government operating when the fiscal year begins on Saturday, a group of...
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Sep 28, 2016

A Conversation With the Candidates' Economic Advisors

We hosted a lunch conversation with economic advisors from the presidential campaigns of Hillary Clinton and Donald Trump. The event "How Would...
Sep 27, 2016 | Budgets & Projections

Senate to Vote on Continuing Resolution

With the deadline for avoiding a government shutdown approaching on Friday, Senate Majority Leader Mitch McConnell (R-KY) introduced last Thursday a...