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.

Dec 3, 2015 | Taxes

Who Gets What in the Tax Extenders Deal?

Congress is still considering a potential fiscally irresponsible deal to extend the 50-some tax breaks that expired at the end of the year, known as...
Dec 2, 2015 | Other Spending

Highway Conference Agreement is Both Gimmicky and Costly

Congressional negotiators this week released a conference agreement on highway spending authorization that will largely settle the issue of highway...
Tax Issue Area
Dec 1, 2015 | Taxes

Tax Deal Goes Beyond Simple Extensions

Congress is in the process of negotiating a potential $700 billion deal that would extend several tax provisions that expired at the end of 2014...
Sen. James Lankford
Dec 1, 2015 | Other Spending

Lankford Publishes Federal Fumbles

Senator James Lankford (R-OK), former Sen. Tom Coburn's (R-OK) successor, is maintaining the Debt Doctor's legacy with his Federal...
Bixby and MacGuineas
Nov 30, 2015 | Budgets & Projections

Robert L. Bixby and Maya MacGuineas: Campaigns must focus on debt before all else

Robert L. Bixby, executive director of the Concord Coalition, and Maya MacGuineas, president of the Committee for a Responsible Federal ...
Nov 25, 2015 | Taxes

Emerging Tax Deal Could Add $2.3 Trillion in Debt by 2035

A fiscally irresponsible bipartisan deal is emerging to re-instate, make permanent, and in some cases expand many expired tax breaks known as tax...
Nov 25, 2015 | Taxes

Seven Reasons to Pay for Tax Extenders

By the end of the year, lawmakers will likely to try to revive the “tax extenders,” a set of more than 50 tax breaks that expired at the...
Nov 25, 2015 | Other Spending

Five-Year Highway Bill Could Be a Costly Mistake

As the House and Senate are conferencing their highway bills, a debate has broken out over how to spend the $78 billion of offsets. Setting aside the...
2016 Campaign
Nov 20, 2015 | Budgets & Projections

2016 Presidential Candidates Need To Propose Debt Solutions

The Brookings Institution's Center on Children and Families held an event this week highlighting eight big issues the presidential candidates...
Nov 18, 2015 | Other Spending

Does Significantly Less Than 10 Percent of Defense Spending Go to Fighting International Terrorism?

During the November 14th Democratic debate, Senator Bernie Sanders (I-VT) said “We're spending over $600 billion a year on the military and...
Budget Process_Books
Nov 16, 2015 | Budget Process

A Biennial Approach to Better Budgeting

Biennial budgeting was the subject of a recent Senate Budget Committee hearing, the second in a series on budget process. Testifying...
Rand Paul
Nov 16, 2015 | Taxes

Senator Rand Paul Releases Flat Tax Plan

This blog is part of a series of "Policy Explainers" for the 2016 presidential election, where we explain some of the candidates'...
Concept_DC_Capitol Building
Nov 14, 2015 | Economics

Is the Real Unemployment Rate 10%?

In the Democratic debate on November 14, Senator Bernie Sanders (I-VT) stated that the real unemployment rate was around 10 percent. When Sanders...
Health Care_Paperwork
Nov 14, 2015 | Other Spending

Does the U.S. Spend More Per Person on Health Care Without Better Outcomes?

In the November 14 Democratic debate, Senator Bernie Sanders (I-VT) said the United States spends more per person on health care than any other...
Nov 12, 2015 | Budgets & Projections

Debate Roundup: Fiscal FactChecking the Fourth GOP Debate

This blog is part of the “Fiscal FactCheck” series designated to examine the accuracy of budget-related statements made during the 2016...
Nov 12, 2015 | Other Spending

The Federal Reserve Budget Gimmick In The House Transportation Bill

The transportation bill that the House passed last week contains a budget gimmick worth almost $60 billion (Wall Street Journal Paywall). The...
Budget Process_Books
Nov 11, 2015 | Other Spending

Would Cutting Spending by 1% Balance the Budget in Less Than Five Years?

During the November 10 Republican debate, Sen. Rand Paul (R-KY) said when discussing balanced budgets, "I’m also in favor of a plan called...
Concept_Money_Black & White
Nov 11, 2015 | Other Spending

Has the Government Spent $2 Trillion on the Wars in the Middle East?

During the fourth Republican debate last night, Donald Trump suggested that we have spent $2 trillion on the wars in the Middle East. Between Fiscal...
Other Spending_Pentagon
Nov 11, 2015 | Other Spending

Does the U.S. Spend More on Its Military Than the Next 10 Countries Combined?

During last night’s debate in an exchange between Senators Rand Paul and Marco Rubio on defense spending, Paul claimed that “we...
Nov 10, 2015 | Economics

Follow Along with Our @FiscalFactCheck of the #GOPDebate

It's hard to believe that two weeks have already passed by and the next #GOPDebate is upon us. Tonight we will continue to keep the candidates...