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.

Rudolph Penner
Nov 30, 2016 | Taxes

Rudolph Penner: Enacting the Trump Fiscal Agenda Won't Be Easy

Dr. Rudolph Penner was the director of the Congressional Budget Office from 1983 to 1987, and he is an Institute Fellow at the Urban ...
Concept_Health Care_Medical Professionals
Nov 30, 2016 | Health Care

What's The Plan to Replace 'Obamacare'?

When President-elect Trump takes office, repealing and replacing the Affordable Care Act ("Obamacare") is likely to be an early agenda item...
Taxes_1040 Form
Nov 30, 2016 | Taxes

Judd Gregg: Passing Tax Reform 101

Judd Gregg, a former Republican senator from New Hampshire, served as chairman of the Senate Budget Committee from 2005 to 2007 and ranking member...
Health Care_Doctors
Nov 30, 2016 | Health Care

Cures Bill Has Been Released

Note: This blog has been updated from its original posting to account for the manager's amendment, which strikes the child and family services...
Nov 28, 2016 | Other Spending

Senator James Lankford Releases Second Federal Fumbles Report

Senator James Lankford (R-OK) today released his second annual report on the federal government’s wasteful spending, Federal Fumbles: 100 Ways...
Concept_DC_Capitol Building
Nov 28, 2016 | Budget Process

Budget Process Reform Options

Update (3/27/2017): This blog has been updated to reflect the additional options in our paper: “Setting the Benchmark: Reforms to Budget Baseline...
Eugene Steuerle
Nov 21, 2016 | Other Spending

Gene Steuerle: Six Bipartisan Opportunities for President-elect Trump

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...
Donald Trump
Nov 21, 2016 | Economics

Trump Will Face Highest Debt-to-GDP Ratio of Any New President Since Truman

When President-elect Donald Trump takes the oath of office on January 20, 2017, debt as a share of the economy will be higher than at the start of...
MacGuineas on Face the Nation
Nov 21, 2016 | Economics

Maya MacGuineas on Face the Nation

Committee for a Responsible Federal Budget President Maya MacGuineas appeared on Face the Nation on November 20, 2016.
Nov 18, 2016 | Economics

Are Bond Markets Signaling the "Announcement Effect"?

Since last week's election results, markets have reacted by pushing the yield for ten-year Treasury bonds up more than 0.3 percentage points to 2...
Concept_DC_Capitol Building
Nov 14, 2016 | Budget Process

Debt Limit Deadline: March 16, 2017 – Time for Reform?

One of the first legislative deadlines President-elect Donald Trump and the 115th Congress will face is the need to raise the debt limit. The budget...
Nov 9, 2016

What We Know About President-Elect Trump's Agenda

Donald Trump has won the 2016 presidential election, but what will President-elect Trump's policy agenda be? Throughout the 2016 campaign, we...
Social Security_Card_Money
Nov 8, 2016 | Social Security

The Real Story on Social Security Deficits

Social Security faces a serious financial shortfall, but there is no shortage of Social Security myths designed to draw attention away from the need...
Nov 2, 2016 | Budgets & Projections

Wrapping up the 2016 Fiscal Year

The Fiscal Year (FY) 2016 budget deficit totaled $587 billion, according to the final data from the Treasury Department. Although this is nearly 60...
Oct 31, 2016 | Social Security

Marc Goldwein: These 5 Supposed Fixes for Social Security Won’t Solve Its Problems

Marc Goldwein is the senior vice president and senior policy director of the Committee for a Responsible Federal Budget. He recently wrote an op-ed...
Oct 31, 2016 | Budgets & Projections

Interactive Tool: Reforming the Candidates' Fiscal Plans

Our recent in-depth analysis Promises and Price Tags found that the national debt would continue to rise under a Hillary Clinton or a Donald Trump...
Oct 26, 2016 | Budgets & Projections

Looking at the Long Term Under the Candidates' Plans

We’ve shown before that neither Hillary Clinton nor Donald Trump would reverse the unsustainable growth of the national debt over the next...
Health Care_Money
Oct 25, 2016 | Health Care

Medicare Premium Issue Makes a Return

The recent announcement of a 0.3 percent cost-of-living adjustment (COLA) for Social Security beneficiaries does not just affect those on the program...
Hillary Clinton & Donald Trump
Oct 24, 2016 | Budgets & Projections

Maya MacGuineas: Neither Candidate Has Any Real Plan for Our National Debt

Maya MacGuineas is president of the nonpartisan Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently...
Oct 24, 2016 | Budgets & Projections

Paul A. Volcker & Peter G. Peterson: Ignoring the Debt Problem

Peter G. Peterson is the founder and chairman of the Pete G. Peterson Foundation and a board member of the Committee for a Responsible Federal Budget...