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.

Apr 10, 2017 | Taxes

Senator Flake Releases "Tax Rackets" Oversight Report

With Tax Day approaching on April 18 and Congress considering tax reform, Senator Jeff Flake (R-AZ) has released an oversight report, Tax Rackets:...
Apr 7, 2017 | Budget Process

Looming Debt Limit Debate Offers Opportunity for Meaningful Reform

The debt limit was quietly reinstated on March 16. The budget deal in November 2015 suspended the debt limit through March 15, 2017, and reinstated...
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Apr 6, 2017 | Social Security

Johnson and Larson Show Two Ways to Fix Social Security

Yesterday, House Ways and Means Social Security Subcommittee Ranking Member John Larson (D-CT) introduced a Social Security reform bill. About four...
Apr 6, 2017 | Budgets & Projections

How High Will Debt Rise If Current Policy Continues?

The Congressional Budget Office's (CBO) 2017 Long-Term Budget Outlook shows today's high debt will nearly double as a share of Gross Domestic Product...
Rudolph Penner
Apr 4, 2017 | Budgets & Projections

Rudolph Penner: Washington’s New Definition Of Budget Success

Dr. Rudolph Penner was the director of the Congressional Budget Office from 1983 to 1987, and he is an Institute Fellow at the Urban ...
Apr 3, 2017 | Budgets & Projections

TRUSTGO: To Fix the Debt, Start By Making Trust Funds Solvent

Last week, we showed that today's post-war era record-high debt is slated to double as a share of the economy over the next three decades, while four...
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Mar 30, 2017 | Budgets & Projections

CBO Releases 2017 Long-Term Budget Outlook

Today the Congressional Budget Office (CBO) released their latest Long-Term Budget Outlook, extending the agency's budget projections for the next 30...
Mar 29, 2017 | Health Care| Taxes

Does AHCA Make Tax Reform Easier?

Much of the news coverage on the interplay between health care and tax reform claims the failure to pass the American Health Care Act (AHCA) makes...
Mar 28, 2017 | Taxes

JCT Estimates Record $1.6 Trillion in Tax Breaks in 2017

The Joint Committee on Taxation (JCT) released a new estimate earlier this year for the cost of tax expenditures over the years 2016-2020. In total,...
Dan Crippen
Mar 24, 2017 | Health Care

Dan Crippen: Why the CBO’s health bill numbers matter — even if they’re imperfect

Dan Crippen served as the director of the Congressional Budget Office from 1999 to 2003 and is currently a member of the board of the Committee for a...
Mar 24, 2017 | Budgets & Projections

Trump Budget Spending Increases Aren’t All Paid For

Although President’s Trump “skinny budget” pays for most of its defense spending increases with cuts elsewhere, one-fifth of the spending increases...
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Mar 24, 2017 | Health Care

How Much Will the Essential Health Benefit Changes to AHCA Cost?

Yesterday, we showed the manager's amendment to the American Health Care Act (Obamacare replacement) would reduce its total deficit reduction from $...
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Mar 23, 2017 | Health Care

What CBO Says About the Updated AHCA

The Congressional Budget Office (CBO) just released their updated score of the American Health Care Act (AHCA) with the inclusion of manager's...
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Mar 23, 2017 | Health Care

What We Know About the “Third Prong” of the Republicans’ Health Care Plan

Update (3/27/2017): After publication, CBO released a score for H.R. 1215 - the Protecting Access to Care Act of 2017. This blog has been updated to...
Bixby and MacGuineas
Mar 21, 2017 | Budgets & Projections

Maya MacGuineas and Robert L. Bixby: Trump's "skinny budget" gets an incomplete

Maya MacGuineas, president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt, and Robert L. Bixby,...
Mar 21, 2017 | Health Care

AHCA Manager's Amendments Will Likely Cut Deficit Reduction in Half

The House Rules Committee released two manager's amendments to the American Health Care Act (AHCA) late Monday evening in advance of their scheduled...
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Mar 20, 2017 | Budgets & Projections

AHCA Saves Money, But Could Make Getting to Balance Harder

Update (3/23/2017): These numbers are relevant for the original version of the American Health Care Act. An amended version was released on...
Mar 20, 2017 | Health Care

Obamacare Replacement Could Save $2 Trillion Over Two Decades

Update (3/23/2017): These numbers are relevant for the original version of the American Health Care Act. An amended version was released on...
Mar 17, 2017

MacGuineas Explains the President's "Skinny Budget" and the Debt Ceiling on NBC and Fox

CRFB President Maya MacGuineas appeared on NBC and Fox News yesterday to discuss President Trump's new "skinny budget" and the debt limit. On...
health care
Mar 15, 2017 | Health Care

House Health Care Bill Would Accelerate Medicare Insolvency to 2023

Update (3/23/2017): These numbers are relevant for the original version of the American Health Care Act. An amended version was released on...