Committee for a Responsible Federal Budget
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Blog | May 2019

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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May 10, 2019 | Budgets & Projections

IMF: U.S. Continues to Stand Out with Growing Debt

The United States ranks number one among advanced economies in expected increase of debt as a percentage of Gross Domestic...
May 9, 2019 | Budgets & Projections

CBO Releases Its Own Estimate of the President's FY 2020 Budget

The Congressional Budget Office (CBO) has released its estimate of the President's FY 2020 budget. CBO finds that debt in the budget would be on an...
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May 8, 2019 | Taxes

Reviving Expired Tax Extenders Could Cost $150 Billion

For years, Washington has resigned itself to a patchwork of tax policy in place for one or two years at a time, allowing niche temporary...
May 8, 2019 | Budgets & Projections

The Republican Study Committee's FY 2020 Budget: Preserving American Freedom

The Republican Study Committee (RSC) has released its own budget proposal for Fiscal Year (FY) 2020, calling for $10.7 trillion in deficit reduction...
May 3, 2019 | Budgets & Projections

President's Budget Gets Serious About Cutting Waste, Fraud, and Abuse

Update: the tables in this post have been updated with estimates from CBO's analysis of the President's FY 2020 budget. CBO does not provide specific...
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May 2, 2019 | Budgets & Projections

CBO's Updated Baseline Shows Grim Outlook

Today, the Congressional Budget Office (CBO) released its updated budget projections. The projections are relatively similar to January and...