Feb 2, 2018 | Taxes
Post-State of the Union Fact Check Roundup
The President's first State of the Union address included several claims related to the recently passed tax legislation, including a few repeat...
Blog
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.
Jan 30, 2018
Facebook Page Remembering Ed Lorenzen
In order to provide information on Ed Lorenzen's tributes and arrangements, we have set up a public Facebook page that will be constantly updated...
Jan 30, 2018 | Budgets & Projections
Debt-O is Back for the State of the Union Address!
President Donald Trump will give his first State of the Union address tonight at 9 p.m. ET. CRFB will be live tweeting the speech, providing analysis...
Jan 30, 2018
Washington Post: In a house fire, America loses a devoted servant
Following the untimely death of Committee for a Responsible Federal Budget senior advisor Ed Lorenzen and his son, Michael, The Washington Post's...
Jan 26, 2018 | Other Spending
Maya MacGuineas: Wake Up: The Current Fiscal Free-for-All is Untenable
Maya MacGuineas is president of the nonpartisan Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She...
IMF: Tax Bill's Boost to Growth is Short-Term
This week, the International Monetary Fund (IMF) released a new estimate of economic growth, revising their short-term estimate upwards because of...
Jan 26, 2018 | Budgets & Projections
Trillion-Dollar Deficits Could Return Next Year, But A Deal Could Make Them Worse
Trillion-dollar deficits will return next year, and a budget deal in the coming weeks could make them much worse. The continuing resolution (CR) that...
Three-Week Funding Deal Includes $30 Billion in Tax Cuts
Lawmakers came to a bipartisan agreement to end the federal government shutdown yesterday, but it came with a very high price. The continuing...
Jan 19, 2018 | Budgets & Projections
President Trump's Fiscal Record So Far
As the first year of the Trump Presidency closes, it is worth taking a look at how the fiscal health of the country has changed since President Trump...
House Continuing Resolution Sets Stage for Over $300 Billion in Costs
House Republicans released a draft continuing resolution (CR) last night to extend current levels of discretionary spending through February 16,...
Jan 11, 2018 | Other Spending
Lawmakers Should Offset Upcoming Disaster Relief
One of many things lawmakers are poised to take up early in the year is additional disaster relief in response to Hurricanes Harvey, Irma, and Maria...
Jan 10, 2018
The Hill: Head of Nonprofit Watchdog Fights with Both Parties
Maya MacGuineas is the president of the Committee for a Responsible Federal Budget. She was recently profiled in an article by Niv...
Jan 9, 2018 | Other Spending
Sequester Relief is Too Costly to Add to the Credit Card
During the busy end to the year, lawmakers enacted a continuing resolution (CR) to keep the government funded through January 19. When that CR ends,...
Jan 8, 2018 | Budgets & Projections
National Economists Club Speech: The Return of Trillion-Dollar Deficits
As lawmakers return for the new year after the enactment of the Tax Cuts and Jobs Act (TCJA), they also face a new budget outlook with higher debt,...
Sizing Up Revenue With the Tax Bill Enacted
As lawmakers return for the new year after the enactment of the Tax Cuts and Jobs Act (TCJA), they also face a new budget outlook with significantly...
Jan 5, 2018 | Taxes
Resources for Tax Reform
Efforts to reform the tax code are underway, and the legislative process is in full swing. CRFB has been tracking and compiling the scores of each...
Official Analysis Finds Tax Bill Will Produce Marginal Growth, Cost $1.1 Trillion
At the end of December, the Joint Committee on Taxation (JCT) released its final dynamic analysis of the Tax Cuts and Jobs Act (TCJA). JCT's analysis...
Dec 29, 2017 | Budgets & Projections
CRFB's Top 10 Charts of 2017
The year 2017 was a busy time for budget policy as lawmakers considered major legislation dealing with health care and taxes following the...
Dec 20, 2017 | Taxes
Marc Goldwein: Debt Matters Even More After Tax Bill's Passage
Marc Goldwein is the Senior Vice President and Senior Policy Director for the Committee for a Responsible Federal Budget. He recently wrote an...
Dec 20, 2017 | Budgets & Projections
Lawmakers Are Getting Closer to Bringing Back Trillion-Dollar Deficits
Lawmakers are closer to making trillion-dollar deficits a reality again by next fiscal year as a result of the passage of the final, conferenced...
