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.

Secretary Clinton
Feb 4, 2016 | Taxes

Clinton's Taxes on the Wealthy, Explained

Democratic presidential candidate and former Secretary of State Hillary Clinton has proposed several new taxes that would raise taxes on the wealthy...
health care
Feb 3, 2016 | Health Care| Taxes

Analysis of the Sanders Single-Payer Offsets

Democratic presidential candidate Sen. Bernie Sanders (I-VT) released the outline of a plan to move to a single-payer health care system in...
Feb 2, 2016 | Budgets & Projections

How Lawmakers Could Make the Budget Outlook Even Worse

CBO's summary of its budget outlook included a short summary of the long-term debt outlook, which showed debt rising continuously and eventually...
Sen. Bernie Sanders
Feb 2, 2016 | Health Care

How Much Would Sen. Bernie Sanders's Single-Payer Plan Cost?

Democratic presidential candidate Sen. Bernie Sanders (I-VT) recently released arguably his most ambitious policy proposal yet, to move to a single-...
Sen. Manchin and Sen. Lankford
Jan 29, 2016 | Social Security

Sen. Lankford and Sen. Manchin Ask For Continued Reform on the SSDI Program

Senators James Lankford (R-OK) and Joe Manchin (D-WV) sent a letter Thursday to Senate Finance Committee Chairman Orrin Hatch (R-UT) and Ranking...
Jan 29, 2016 | Budgets & Projections

Everything You Need to Know About CBO's January 2016 Budget and Economic Outlook

We've published a new chartbook to illustrate the most important facts and figures from this week's report by the Congressional Budget Office...

Social Security, Medicare, & Interest Drive 3/4 of Spending Growth

The deficit will grow from less than $550 billion in 2016 to $1.4 trillion in 2026, according to this week's report by the Congressional Budget...
Maya MacGuineas
Jan 22, 2016 | Budgets & Projections

Maya MacGuineas: What CBO’s Debt Projections Suggest About Congress and the Budget Process

Maya MacGuineas, president of the Committee for a Responsible Federal Budget, wrote a commentary that appeared in the Wall Street Journal Washington...
Concept_Men Analyzing
Jan 22, 2016 | Budgets & Projections

The Long-Term Debt Picture Looks Much Worse As Well

The Congressional Budget Office's (CBO) summary of their upcoming budget projections showed a much worse ten-year outlook for deficits and debt,...
Maya MacGuineas

Maya MacGuineas: Modernizing Social Security and Medicare Starts with Leadership

Maya MacGuineas, president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt, was interviewed by the George...
Budget Process
Jan 21, 2016 | Budgets & Projections

It Could Take $8 Trillion to Balance the Budget

Tuesday’s release of the topline numbers for this year's Congressional Budget Office (CBO) baseline is a gut punch to congressional budget...
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Jan 20, 2016 | Budgets & Projections

Our Analysis of CBO's January 2016 Budget and Economic Outlook Summary

The era of declining deficits is over. That's the conclusion of our analysis of the Congressional Budget Office's (CBO) January 2016...
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Jan 19, 2016 | Budgets & Projections

Deficits Rise in Latest Budget Projections

Update: You can view our full analysis here. The Congressional Budget Office (CBO) just released baseline projections showing rapidly rising...
Jan 15, 2016 | Budgets & Projections

Sanford Says Candidates Aren't Talking About Debt, Deficit

Congressman Mark Sanford (R-SC) wrote a piece in The Fiscal Times that highlights the paucity of substantive discussion from the 2016...
President Obama
Jan 12, 2016 | Economics

#SOTU Means It's Time to Play Debt-O!

President Obama's final State of the Union address is tonight at 9 p.m. ET. In preparation for his speech, we've brought back our State of...
Health Care_Paperwork

CBO's Latest Estimate of the Partial ACA Repeal

Kicking off the new year in style, the Congressional Budget Office (CBO) released its latest estimate of the reconciliation bill passed by the Senate...
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2015’s Fiscal Follies and Reasons for Hope

It’s the end of the year and like so many organizations, CRFB wanted to share with you our top 10 list: a look back at Congress’s 10 top...
Dec 23, 2015 | Other Spending

Does the U.S. Spend $80 Billion a Year on Incarceration?

At the third Democratic debate, Senator Bernie Sanders (I-VT) said "We are spending $80 billion a year locking up our fellow Americans...
Tax Issue Area
Dec 22, 2015 | Taxes

JCT Estimates Over $1.2 Trillion in Tax Breaks in 2015

The Joint Committee on Taxation (JCT) recently released its latest estimate of tax expenditures covering the years 2015-2019. Based on the summed...

Policymakers Dig Hole $1.2 Trillion Deeper in 2015

With debt already around its highest level as a share of Gross Domestic Product (GDP) other than around World War II and estimated to grow with no...