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.
12-Month Rolling Deficit is $1.9 Trillion in July 2026
The federal government borrowed $1.9 trillion over the past 12 months according to new estimates from the Congressional Budget Office (CBO). Based on...
National Health Expenditures Continue to Rise
The Centers for Medicare & Medicaid Services (CMS) recently released the latest National Health Expenditures (NHEs) projections, estimating health...
Marc Goldwein's Senate Testimony on Addressing Social Security Solvency
On August 5, 2026, Committee for a Responsible Federal Budget Senior Vice President and Senior Policy Director Marc Goldwein testified before the...
Part D Costs on the Rise Due to IRA's Benefit Redesign
The Inflation Reduction Act’s (IRA’s) Medicare Part D drug benefit redesign will cost much more than originally estimated, according to the...
What's in the Budgeting for a Better America Act?
Representatives Steve Womack (R-AR), Ed Case (D-HI), Bill Huizenga (R-MI), and Scott Peters (D-CA) – members of the Bipartisan Fiscal Forum (BFF) –...
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...
Health Fraud Bill Would Save $168 Billion
When it comes to fighting fraud, sometimes you have to spend money to save money. Last week, House Budget Committee Chairman Jodey Arrington (R-TX)...
Section 301 & 338 Tariffs Replace Less Than 60% of Lost IEEPA Revenue
Today, the Trump Administration announced final action imposing tariffs of 10% to 12.5% on certain imports from 60 economies in response to their...
Appropriations Watch: FY 2027
The appropriations process for Fiscal Year (FY) 2027 has begun, with action expected in both the House of Representatives and the Senate. The...
A Flat-Rate COLA for Social Security
As part of our Trust Fund Solutions Initiative, which introduces novel ideas to shore up the Social Security, Medicare, and Highway programs, we...
The 10-year Treasury Yield Eclipsed 4.6%
The 10-year Treasury note surpassed 4.6% today, 45 basis points above projections from the Congressional Budget Office (CBO) and more than 60% higher...
Large Benefit Cuts Loom for Social Security
The Social Security retirement program is just six years from insolvency, according to the program’s trustees. At that point, the law requires...