Committee for a Responsible Federal Budget
Concept_DC_Capitol Building


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.

Maya MacGuineas
Apr 14, 2016 | Budgets & Projections

Maya MacGuineas: Our Debt Problem Needs Action—Not Empty Promises: 5 questions for candidates on balancing the budget

Maya MacGuineas, president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt, wrote an article...
fiscal year
Apr 14, 2016 | Budgets & Projections

Halfway Through the Year, FY 2016 Leads FY 2015 in Deficits

The Congressional Budget Office (CBO) released its Monthly Budget Review for March recently, so we now have data for the first half of Fiscal Year (...
Business Tax
Apr 8, 2016 | Taxes

The Obama Administration Moves on Business Tax Changes

The topic of tax reform made the news on Monday as the Obama Administration simultaneously took regulatory steps to further limit corporate...
Apr 7, 2016 | Taxes| Other Spending

FAA Bill Should Not Turn Into an April Christmas Tree

Update: The Congressional Budget Office has released its score of the Senate FAA bill, estimating that it would reduce ten-year deficits by a...
Apr 6, 2016 | Economics

Is Sustained 5 Percent Annual Growth Possible?

Since faster economic growth would represent a boon for wages and the fiscal situation, a number of Presidential candidates have been promising or...
interest rates
Apr 5, 2016 | Budgets & Projections

Interest Spending Looms Large in the Next Decade

In a recent blog post on The Wall Street Journal's Washington Wire, director of Brookings Institution's Hutchins Center David Wessel outlines...
Social Security
Apr 5, 2016 | Social Security

Blahous Tells it Like it is with Social Security

Voters say they want a candidate that “tells them like it is,” but as Social Security Trustee Charles Blahous describes, that may mean...
Concept_Money_Black & White
Apr 4, 2016 | Budgets & Projections

Can Donald Trump Pay Off the National Debt in 8 Years?

In a recent interview, presidential candidate Donald Trump said he would pay off the nation’s $19 trillion debt “over a period of eight...
Gehl & MacGuineas
Apr 4, 2016 | Budgets & Projections

Katherine Gehl & Maya MacGuineas: Debt and deficits rising: Who has courage?

Katherine Gehl, former president & CEO of Gehl Foods, Inc., and a member of the CEO Fiscal Leadership Council of the Campaign to Fix the Debt,...
Health Care_Paperwork
Mar 31, 2016 | Health Care

CBO's New One-Stop Shop for Federal Spending on Health Insurance Coverage

CBO's March baseline is typically a brief update of budget projections for the next decade, but this year CBO has provided a new comprehensive...
Concept_Family With Baby
Mar 31, 2016 | Other Spending| Taxes

Sanders's Paid Family Leave Plan, Explained

Democratic Presidential candidate Senator Bernie Sanders (I-VT) has a Family Values Agenda built upon current legislation that calls...
POTUS Budget
Mar 30, 2016 | Budgets & Projections

Breaking Down CBO's Analysis of the President's Budget

The Congressional Budget Office (CBO) released its own estimate of the FY 2017 President's budget yesterday, a document that includes a 16-page...
POTUS Budget
Mar 29, 2016 | Budgets & Projections

CBO Releases Its Own Take on the President's Budget

The Congressional Budget Office (CBO) today released its analysis of the Fiscal Year 2017 President's budget, finding that under the President...
Health Care_Money
Mar 29, 2016 | Health Care

Provider Tax Limits Should Be On The Table for Medicaid Reform

Recently, the Center on Budget and Policy Priorities (CBPP) criticized the House Energy & Commerce (E&C) Committee for proposing to limit...
Mar 28, 2016 | Budgets & Projections

How The March Baseline Reiterates Our Distressing Fiscal Path

The Congressional Budget Office's (CBO) updated March baseline confirms the era of declining deficits is over. This year's deficit is expected to...
Budgets & Projections_POTUS budget
Mar 24, 2016 | Budgets & Projections

CBO Updates The Baseline Ahead of President's Budget Estimate

In advance of its scheduled release of an analysis of the President's budget, the Congressional Budget Office (CBO) has updated its budget...
Concept_DC_Capitol Building
Mar 24, 2016 | Budgets & Projections

Congressional Progressive Caucus Releases Alternative to House Budget

The Congressional Progressive Caucus (CPC) released their “People’s Budget,” an alternative to the House budget released last week. The budget offers...
Concept_DC_Capitol Building
Mar 24, 2016 | Budgets & Projections

Republican Study Committee Publishes Alternative FY 2017 Budget

The Republican Study Committee (RSC) has released an alternative to the House Republican budget that outlines their vision for the country...
Mar 24, 2016 | Other Spending

How Much Will Government Spend Under the Next President?

One interesting metric of any budget plan is how much it would increase or reduce federal spending. According to our latest estimates, all...
Mar 23, 2016 | Other Spending

Could Ending Common Core Significantly Reduce Federal Spending?

During recent debates, several candidates have proposed to end Common Core, and some, most notably Donald Trump, have offered its...