Jul 13, 2017 | Health Care
CBO Releases Its Own Estimate of the President's Budget
The Congressional Budget Office (CBO) released its estimate of the President's budget today. The estimate shows, perhaps unsurprisingly, a much worse...
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.
Jul 12, 2017 | Budgets & Projections
How Might CBO Estimate the President's Budget?
When the President released his budget in May, the Administration estimated it would reach balance after a decade and reduce the debt-to-GDP ratio...
How Committees Could Meet Reconciliation Instructions for Mandatory Savings
(Update 7/20/2017): The House Budget Committe has since released its FY 2018 budget resolution and reconciliation instructions. You can read an...
Jul 10, 2017 | Economics
Judd Gregg: The Fed Leaps into the Unknown
Judd Gregg, a former Republican senator from New Hampshire, served as chairman of the Senate Budget Committee from 2005 to 2007 and...
Jul 6, 2017 | Budgets & Projections
Did the Trade Deficit Cause $20 Trillion in Debt?
In a meeting with South Korean President Moon Jae-in, President Trump suggested that the national debt is caused by years of trade deficits. However...
Jul 6, 2017 | Health Care
Long-Term Estimate: Senate Health Care Bill Could Save $2.1 Trillion Over 20 Years
The Congressional Budget Office (CBO) estimates that the Senate health care bill, the Better Care Reconciliation Act (BCRA), would save $321 billion...
Jul 6, 2017 | Health Care
4 Ideas That Should Be Considered For Any Health Reform Package
It is unclear whether the Better Care Reconciliation Act (BCRA) – the Senate GOP's proposal to repeal and replace the Affordable Care Act (ACA or "...
Marc Goldwein: 'Big 3' Burden: Entitlement Costs Simply Untenable
Marc Goldwein is the senior vice president and senior policy director of the Commitee for a Responsible Federal Budget. He recently wrote an ...
Jun 30, 2017 | Health Care
Is There a Medicaid Spending Increase Under the Senate Health Bill?
President Donald Trump recently claimed on Twitter that Medicaid spending will go up under the Senate's Better Care Reconciliation Act (BCRA). It is...
Jun 29, 2017 | Budgets & Projections
Highlights from CBO's June Baseline Update
Today, the Congressional Budget Office (CBO) released updated ten-year budgetary baseline and economic projections. Like its previous projection in...
Jun 28, 2017 | Health Care
Rudolph Penner: The Attacks On The Congressional Budget Office Are Wrong
Dr. Rudolph Penner was the director of the Congressional Budget Office from 1983 to 1987, and he is an Institute Fellow at the Urban ...
Jun 27, 2017 | Taxes
Maya MacGuineas: Trump is Wrong on US Tax Ranking, But We Still Need Tax Reform
Maya MacGuineas is president of the nonpartisan Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently...
Jun 26, 2017 | Health Care
CBO Scores the Senate Health Care Bill
The Congressional Budget Office (CBO) just released its score of the Better Care Reconciliation Act of 2017 (BCRA). This is the Senate's version of...
Jun 22, 2017 | Taxes
Do Temporary Tax Cuts Only Have A Small Impact on Growth?
While promoting tax reform, House Speaker Paul Ryan stated Tuesday that temporary tax cuts do not produce a large boost to economic growth:
These...
Jun 22, 2017 | Health Care
Quick Take: The Major Changes in the Senate's AHCA
Senate Republicans released their draft version of the Better Care Reconciliation Act of 2017 this morning. This is the Senate version of the...
Jun 21, 2017 | Budgets & Projections
Build a Responsible Federal Budget With Our New Debt Fixer Tool
Now that President Trump has unveiled his full budget proposal and Congress is working on its own budget resolution, CRFB is launching a new tool...
Jun 20, 2017 | Health Care
Paying for the Senate's Changes to the AHCA
Senate Republicans are continuing work on their iteration of the American Health Care Act (AHCA), and press reports indicate that senators aim to...
Jun 15, 2017 | Taxes
Options to Help Pay For the Trump Tax Plan
President Trump's tax reform proposal could cost $5.5 trillion over 10 years, but many of the details that might bring the price tag down have not...
Jun 14, 2017 | Health Care
Gene Steuerle: Replacing The Individual Mandate to Buy Health Insurance: A First Step To Compromise
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...
Jun 13, 2017 | Health Care
A First Look at the CMS Estimate of the AHCA
The Chief Actuary of the Centers for Medicare and Medicaid Services (CMS) released its score of the House-passed American Health Care Act (AHCA)...
