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.

Mar 1, 2017 | Other Spending

Has Debt Gone Down By $12 Billion Since Trump Took Office?

On Twitter, President Trump claimed the national debt decreased by $12 billion during his first month in office, as opposed to increasing during...
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Feb 28, 2017 | Other Spending

Is Trump Proposing One of the Largest Defense Increases in History?

In his joint address to Congress, President Trump said, "I am sending the Congress a budget that rebuilds the military, eliminates the defense...
Feb 28, 2017 | Budgets & Projections

Join CRFB as We Live Tweet the President's Address to Congress

President Trump will give his first address before a joint session of Congress tonight at 9 PM Eastern time. CRFB will be live tweeting the speech,...
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Feb 22, 2017 | Health Care| Taxes

Options to Replace the ACA Cadillac Tax

As policymakers debate repealing and replacing the Affordable Care Act (ACA or "Obamacare"), disagreement remains over how to address the ACA's "...
Paul Ryan
Feb 17, 2017 | Health Care

The House GOP's Plan for Obamacare Replacement

During a press conference on Thursday, Speaker of the House Paul Ryan (R-WI) previewed the House GOP plan that would repeal and replace substantial...
Feb 16, 2017

Daniels: National Debt is the Biggest Transcendent Issue We Face

CRFB Co-chair Mitch Daniels spoke with Bloomberg's David Westin on "Bloomberg Daybreak: Americas" today. He said that...
Feb 10, 2017 | Budget Process

Renacci, Kilmer, and Bipartisan Working Group Propose Bill Highlighting the “Fiscal State of the Nation”

Hoping to inspire a fiscal “wake-up call” in the new session of Congress, Representatives Jim Renacci (R-OH), Derek Kilmer (D-WA), and 40...
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Feb 9, 2017 | Budgets & Projections

Three Trust Funds Face Insolvency in the Next Eight Years

We have made clear that President Trump faces a challenging fiscal situation now that he has entered office. As we laid out, part of that situation...
Feb 6, 2017 | Budget Process

Congressman Renacci Introduces “Budget Enforcement Awareness Resolution”

Last month, Representative Jim Renacci (R-OH) introduced the “Budget Enforcement Awareness Resolution” in order to “restore...
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Feb 3, 2017 | Budgets & Projections

What's Needed to Balance the Budget and Meet Other Fiscal Goals

With debt projected to rise from 77 percent of GDP today to 89 percent by the end of the decade, our latest estimates find that fixing the debt is...
Feb 1, 2017 | Budgets & Projections

How Alternative Policies Could Push Debt Higher

The Congressional Budget Office's (CBO) Budget and Economic Outlook shows debt rising from its current level of 77 percent of Gross Domestic...
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Feb 1, 2017 | Health Care

Experts Discuss What is Needed to Repeal and Replace the ACA

As Congress and the Trump administration continue to figure out how to go about repealing and replacing the Affordable Care Act (ACA or "...
Jan 31, 2017 | Budgets & Projections

The 30-Year Outlook Also Looks Gloomy

In addition to the Congressional Budget Office's (CBO) ten-year budget outlook, the agency also releases 30-year projections for spending,...
Jan 30, 2017 | Other Spending

The Wall Should Be Paid For

Congress is expecting a request from the Trump Administration for $12 to $15 billion in supplemental appropriations to fund the construction of a...
Judd Gregg
Jan 30, 2017 | Budgets & Projections

Judd Gregg: The Way Ahead on Tax, Debt and Healthcare

Judd Gregg a former Republican senator from New Hampshire, served as chairman of the Senate Budget Committee from 2005 to 2007 and ranking...
Jan 25, 2017 | Budgets & Projections

Mandatory Spending Continues to Drive Spending Growth

The deficit will rise dramatically over the next decade, from about $560 billion at the end of Fiscal Year (FY) 2017 to over $1.4 trillion at the end...
Jan 24, 2017 | Budgets & Projections

CBO's Budget Projections Show Unsustainable Fiscal Situation

The Congressional Budget Office (CBO) just released their baseline projections, showing high and rising debt and widening deficits in the coming...
Jan 19, 2017 | Budgets & Projections

Maya MacGuineas and Stuart Butler Publish Joint Paper Over Long-Term Budgeting

CRFB president Maya MacGuineas and Brookings Institution senior fellow Stuart Butler published a paper last week outlining a plan to create a long-...
Jan 18, 2017 | Budgets & Projections

Maya MacGuineas on C-SPAN’s “Q&A”

Maya MacGuineas, president of the Committee for a Responsible Federal Budget, recently appeared on C-SPAN’s “Q&A” and discussed a variety of...
Dave Walker
Jan 18, 2017 | Budgets & Projections

Dave Walker: Washington’s chance to reform the status quo

David Walker is a former Comptroller General of the United States (head of the U.S. Government Accountability Office) and is a member of the...