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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CBO Finds Rising Rates Could Explode the Debt
The Congressional Budget Office (CBO) released an analysis today of the impact of higher interest rates on the national debt relative to its February...
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CBO Estimates Golden Dome Could Cost More than $1 Trillion
Earlier this year, the Congressional Budget Office (CBO) released an analysis estimating the 20-year cost of a National Missile Defense (NMD) system...
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Treasury Implements Commonsense Efforts to Reduce Improper Payments
The Treasury Department announced today that it had significantly expanded the reach of the federal “Do Not Pay” system over the past fiscal year...
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PWBM Shows Social Security Solvency Would Improve Fiscal Outlook, Boost Growth
Restoring solvency to the Social Security trust funds could grow the economy and help fix the debt, according to recent estimates of different Social...
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John Kasich: Balancing the Budget Became My Mission
John Kasich is the former Governor of Ohio and a member of the Board of Directors of the Committee for a Responsible Federal Budget. He recently wrote...
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Congress Clarifies Social Security's Retirement Ages
The Senate passed the Claiming Age Clarity Act by unanimous consent this week. Having passed the House last December, the bill will now go to the...
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U.S. Ran a $2 Trillion Deficit Last Year, We Estimate
Fiscal Year (FY) 2026 ended yesterday. Although official figures have not yet been released, our preliminary estimates show high and rising deficits...
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Guest Essay – Post-WWII Versus Now: Similar Debt, Different Circumstances
Below is a guest essay from Rebeca Stacey, a Summer 2026 Policy Intern at the Committee. The views expressed below are those of the author and may not...
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Monitoring the Treasury Market with Fiscal Dashboard
The Treasury market has been making headlines recently, amid poor Treasury auction results and heightened volatility in yields. While strong growth...
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Don't Count on Growth to Fix the Debt
Strong economic growth will be needed to help fix the debt problems the country faces, and lawmakers should take growth effects into consideration...
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CBO: 1% Higher Interest Rates Add Trillions to Debt
Interest rates across the yield curve have been hitting multi-decade highs, with the 30-year Treasury bond closing at 5.5% today – the highest level...
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Bipartisan Fiscal Forum Co-Chairs Urge House Leadership to Act as Gross Debt Exceeds $40 Trillion
Representatives Bill Huizenga (R-MI) and Scott Peters (D-CA), co-chairs of the Bipartisan Fiscal Forum, recently sent a letter to House Speaker Mike...