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.
Goldwein Testimony Highlights $970 Billion in Student Loan Cancellation
CRFB’s Marc Goldwein testified to the House Subcommittee on Higher Education and Workforce Development, on March 23, on the $970 billion recently...
Watch: Committee Senior Vice President Testifies to House Higher Education Subcommittee
Committee for a Responsible Federal Budget Senior Vice President and Senior Policy Director Marc Goldwein testified before the House Subcommittee on...
William Hoagland: It’s time for both parties to own the debt — and then address it
G. William Hoagland is senior vice president at the Bipartisan Policy Center and a member of the Committee for a Responsible Federal Budget. He...
Extensions Would Wipe Away President's Deficit Reduction
We were very encouraged by the President’s call for $3 trillion of ten-year deficit reduction in his Fiscal Year (FY) 2024 budget proposal. However...
Lawmakers Reintroduce Sustainable Budget Act
Lawmakers in both chambers of Congress recently reintroduced the Sustainable Budget Act, with Representatives Ed Case (D-HI) and Steve Womack (R-AR)...
Comparing CBO’s Economic Projections to Other Forecasts
Growth in the economy will slow over the coming year as unemployment rises and inflation eases modestly, according to the Congressional Budget Office...
Maya MacGuineas: Is cutting the deficit by $3 trillion enough? Not even close
Maya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote an opinion...
House Freedom Caucus Proposes up to $3.7 Trillion in Savings for Debt Ceiling Vote
The House Freedom Caucus released today a proposal for the upcoming debt ceiling negotiations. Its members call for repealing the announced student...
Maya MacGuineas: Doing nothing on Social Security and Medicare will be a painful and costly decision
Maya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote an opinion...
An Overview of the President's FY 2024 Budget
Moments ago, the Biden Administration released its Fiscal Year (FY) 2024 budget proposal, outlining some of the President's tax and spending...
2022 Inflation Hit a 41 Year Record
Inflation surged at the fastest pace since 1981 last year, based on the final Consumer Price Index (CPI) and Personal Consumption Expenditure Price...
Upcoming Congressional Fiscal Policy Deadlines
Updated 3/3/2023: The Congressional Budget Office issued new reports this week on the statutory debt limit and the budget outlook, both of which...