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.
Image
Social Security Will Start Spending Trust Fund Reserves Next Year
The 2019 Social Security Trustees' report reminded us that Social Security faces large and rising imbalances, projecting that the theoretically...
Image
The Good News on Social Security: We Have More Time to Improve Disability Insurance
This week's Social Security Trustees' report warned that the program is on a path toward insolvency, with the theoretically combined trust fund set to...
Image
How Old Will You Be When Social Security's Funds Run Out?
The Social Security Trust Funds are on a path to run out. Use this tool to find out what you stand to lose unless Washington acts.
Image
Quick Take: Social Security & Medicare Headed For Insolvency in 16 & 7 Years
The Social Security and Medicare Trustees have released their reports on the financial state of their programs. Both reports show the programs need to...
Image
GAO: "Federal Government Is on an Unsustainable Fiscal Path"
The Government Accountability Office (GAO) recently released its long-term budget projections, and, like other forecasts, it projects that debt will...
Image
Maya MacGuineas & Ed Rendell: Tax Day Trauma: Paying for Our Massive National Debt
Maya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. Governor Ed Rendell is the...
Image
Maya MacGuineas and Mike Murphy: Disastrous Record Deficits Threaten US Future
Maya MacGuineas is president of the Committee for a Responsible Federal Budget and Mike Murphy is director of the Committee's new initiative, FixUS...
Image
House Spending Plan Would Increase Discretionary Spending to Record Levels
The House Budget Committee proposal to raise the caps on discretionary spending would add over $2 trillion in projected debt over the next decade...
Image
House Spending Bill Would Cost Twice as Much as Sequester Repeal
Defenders of the House spending bill have argued that despite its $2.1 trillion debt impact, it is necessary to prevent the return of sequester-level...
Image
New Budget Cap Plan Would Cost As Much As the Tax Cuts
Earlier this week, the House Budget Committee reported a bill – the Investing for the People Act of 2019 – that would increase current law caps on...
Image
Proposed Budget Plan Would Cost Over $2 Trillion
In lieu of a budget resolution, the House Budget Committee has put forward a bill to increase discretionary spending caps by $358 billion over the...
Image
Last Year Was the Only Where Congress Did Not Vote On a Budget
Last year was a historically bad year for the Congressional budget process. Since 1976, it was the first time that neither the Senate or House voted...