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.
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$5,000 Dividends Would Cost $1.2 Trillion
Last night, President Trump promised to issue a $5,000 “dividend” to every adult citizen in the United States should his party retained unified...
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Upcoming Congressional Fiscal Policy Deadlines
Updated 6/11/26: On April 30, the House passed a Department of Homeland Security (DHS) funding bill, ending a partial shutdown that began on February...
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How Debt Got to 100% of GDP: A From Riches to Rags Update
Since gross national debt crossed $40 trillion last month – and the more meaningful debt held by the public as a share of Gross Domestic Product (GDP)...
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10-Year Treasury Yield Hit 4.8%, Highest Since 2023
Interest rates are on the rise across the yield curve. The 10-year Treasury note closed at a high yield of 4.8%, a level not seen in nearly three...
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12-Month Rolling Deficit is $1.8 Trillion in August 2026
The federal government borrowed $1.8 trillion over the past 12 months according to new estimates from the Congressional Budget Office (CBO). CBO...
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Appropriations Watch: FY 2027
Updated 9/3/2026: On September 1, the House passed a continuing resolution (CR) funding the government through December 11, which President Trump...
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Medicaid Could Save from Most-Favored-Nation Drug Pricing, but the Amount is Uncertain
A group of researchers recently estimated that the Centers for Medicare & Medicaid Services’ (CMS) proposed Generating Cost Reductions for US Medicaid...
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New Analysis Shows Social Security Benefit Taxation Raises Important Revenue
Last week, the Congressional Budget Office (CBO) released a new report analyzing the current system of taxing Social Security benefits. This is...
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What's in the Senate's FY 2027 Budget Resolution?
The Senate Budget Committee released its fiscal year (FY) 2027 budget resolution earlier this month. Most significantly, the resolution would...
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McKenzie Plan Offers Trust Fund Solutions to Social Security’s Finances
A recent Dallas Morning News op-ed by Pulitzer-winning journalist William McKenzie called on lawmakers to reduce federal deficits to 3% of Gross...
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Senators Cassidy and Durbin Urge Bipartisan Process to Save Social Security
Senators Bill Cassidy (R-LA) and Dick Durbin (D-IL) published an op-ed in The Washington Examiner today urging Congress to consider a new, bipartisan...
Social Security Retirees Receive Far More Than They Paid In
With Social Security only 6 years from insolvency, one impediment to the enactment of thoughtful solutions is the myth that Social Security benefits...