Sep 19, 2019 | Budget Process
Upcoming Congressional Fiscal Policy Deadlines
Updated 9/19/2019: Congress enacted legislation in August to address discretionary spending caps, which had impeded work on FY 2020 ...
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.
Sep 19, 2019 | Other Spending
Appropriations Watch: FY 2020
Updated 9/19/2019: Congress enacted legislation in August to address discretionary spending caps, which had impeded work on FY 2021 appropriations...
Sep 18, 2019 | Budgets & Projections
We Updated the Debt Fixer and Released Results Showing Americans Can Fix the Debt
We have updated our popular Debt Fixer interactive budget tool, just as Congress faces another deadline to keep the government funded and avoid a...
Sep 17, 2019 | Other Spending
Elizabeth Warren's Higher Education Plan
This is the first policy explainer in our US Budget Watch 2020 series covering the 2020 presidential election. In the coming weeks and months,...
Sep 16, 2019 | Budgets & Projections
Eugene Steuerle: Congress is supposed to decide how the U.S. spends money. Soon, it won’t be able to.
Dr. Eugene (Gene) Steuerle is an Institute fellow and the Richard B. Fisher chair at the Urban Institute and a member of the Committee for a...
Sep 12, 2019
Factchecking and Live-Tweeting the Democratic Presidential Primary Debates
Tonight's Democratic presidential primary debate marks the third round of debates of the 2020 campaign and will surely touch on fiscal issues....
Sep 11, 2019 | Taxes
Is Spending, Not Tax Cuts, Driving the Deficit?
The House Ways and Means Committee minority recently published a blog post claiming that "spending, not tax cuts, [is] driving national deficits." It...
Sep 11, 2019 | Budgets & Projections
Tim Penny & David Minge: Debating 2020 Democrats should not ignore our exploding debt
Tim Penny is co-chair and David Minge is a board member of the Committee for a Responsible Federal Budget. Both are former representatives from the...
Sep 9, 2019 | Budgets & Projections
Debt Could Reach Record Levels by 2030
The Congressional Budget Office's (CBO) latest budget projections point to high and rising debt under current law, but the situation is far worse if...
Sep 6, 2019
CRFB Co-Chair Mitch Daniels on Bloomberg TV
Committee for a Responsible Federal Budget co-chair Mitch Daniels, former director of the Office of Management and Budget, appeared on Bloomberg TV's...
Sep 4, 2019 | Budgets & Projections
New House Members Stress Importance of PAYGO
A group of ten new Democratic members of the House of Representatives sent a letter to House committee chairs on Wednesday urging them to better...
Sep 4, 2019 | Social Security
Marc Goldwein: A better way to cut the payroll tax rate
Marc Goldwein is senior vice president and senior policy director of the Committee for a Responsible Federal Budget. He recently wrote...
Aug 30, 2019 | Health Care
How to Reduce Health Costs By $900 Billion
There is no single magic bullet to rein in the high cost of health care for households, businesses, and governments. But lawmakers are currently...
Aug 29, 2019 | Economics
Maya MacGuineas: With a growing debt, a fiscally responsible blueprint is needed to handle the next recession
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...
Aug 21, 2019 | Budgets & Projections
New CBO Budget Projections Show Toll of Budget-Busting Legislation
The Congressional Budget Office (CBO) just released its latest baseline, projecting high and rising debt made worse by recent legislation. CBO...
Aug 19, 2019 | Taxes
How Much Would a Payroll Tax Holiday Cost?
Update 8/20/19: While speaking in the Oval Office, President Trump confirmed that a payroll tax cut and indexing capital gains were under discussion...
Aug 15, 2019 | Budgets & Projections
Where Does the Budget Stand Compared to Historical Averages?
Recently, there has been a lot of discussion over whether the country has a revenue problem or a spending problem. While there is no way to...
Aug 7, 2019 | Other Spending
Was a "No" Vote on the Budget Deal a Vote for "More Spending"?
In support of the $1.7 trillion Bipartisan Budget Act of 2019 (BBA19), Senator David Perdue (R-GA) gave a floor speech and penned an op-ed arguing...
Aug 7, 2019 | Health Care
Senate Finance Prescription Drug Bill Would Reduce Deficits by $100 Billion
The Senate Finance Committee recently approved by a 19-9 vote a prescription drug bill, the Prescription Drug Pricing Reduction Act, that the...
Jul 31, 2019 | Budgets & Projections
Even With Lower Interest Rates, Debt Remains Unsustainable
With the Federal Reserve today announcing a 0.25 percentage point decrease in the federal funds rate, it appears interest rates will remain...
