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.

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...
9.28 Event
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...
Donald Trump
Sep 26, 2016 | Taxes

Is Trump's Tax Cut the Largest Since Reagan?

During the first Presidential debate on September 26, Republican Presidential candidate Donald Trump said "my tax cut is the biggest since...
Sep 26, 2016

Factchecking and Live-Tweeting the Presidential Debate

For more than a year, our Fiscal FactCheck project has been honing our expertise in budget, tax, health, and spending policy to evaluate the...
Donald Trump

Accounting For Growth With Trump's Fiscal Plans

Last week, we estimated that Donald Trump's policies would increase ten-year deficits by $5.3 trillion, resulting in debt held by the public...
Sep 23, 2016

Top Media Hits From Our Preliminary Update to Promises and Price Tags

We released our new report Promises and Price Tags: A Preliminary Update this week, finding that Democratic presidential candidate Hillary ...
Sep 23, 2016 | Budget Process

Event Recap: Budget Process Reform - Senate Perspectives

On September 19, our Better Budget Process Initiative hosted Budget Process Reform - Senate Perspectives on Capitol Hill. The event featured a...
Secretary Clinton
Sep 22, 2016 | Taxes

Clinton Proposes New Taxes to Offset New Proposals

In recent weeks, Democratic Presidential candidate Hillary Clinton has proposed a series of new tax breaks for small businesses and for parents in...
Sep 21, 2016 | Budget Process

Gene Steuerle & Rudolph Penner: Restoring More Discretion to the Federal Budget

Dr. C. Eugene (Gene) Steuerle is the Richard B. Fisher chair and Institute Fellow at the Urban Institute and Dr. Rudolph G. Penner is an Institute...