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.
IMF: US is the Only Advanced Economy With Debt Rising
The International Monetary Fund (IMF) issued a new report yesterday projecting that debt as a share of GDP will decline over the next five years for...
What If Interest Rates Are 1 Point Higher? $1.9 Trillion in Extra Costs
Interest costs are the fastest growing part of the budget, with the Congressional Budget Office (CBO) projecting interest payments will more than...
More Than Half of Next Year's Deficit is Congress's Fault
The budget deficit will approach the trillion-dollar mark next year, according to recent projections from the Congressional Budget Office (CBO). Well...
Maya MacGuineas: Welcome to the woeful world of free-lunch economics
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...
Balancing the Budget Would Take $7 Trillion to $10 Trillion in Savings
The worsening budget outlook means that meeting certain fiscal goals is now much more difficult than it was previously. We estimate that balancing the...
Debt Could Reach Record Levels in a Decade
The Congessional Budget Office's (CBO) latest budget projections released this week show how much worse recent legislation has made the fiscal outlook...
Factchecking the Senate Budget Committee Hearing with CBO
At least two claims in Wednesday's Senate Budget Committee hearing with Congressional Budget Office (CBO) Director Keith Hall merit fact checking...
New From CBO: Trillion-Dollar Deficits Will Return In Two Years
The Congressional Budget Office (CBO) just released its latest baseline projections – the first since last June and the first to incorporate the...
Baseline 101: Anticipating CBO's Updated Budget Outlook
The Congressional Budget Office (CBO) will release its 2018 Budget and Economic Outlook on April 9, which is likely to project sustained trillion...
Did the Last Farm Bill Really Save $100 Billion?
The 2014 farm bill is set to expire on September 30, at which point lawmakers will need to renew and perhaps reform farm subsidy and nutrition...
The Omnibus Spent More than Either Side Asked For
The Bipartisan Budget Act of 2018 (BBA) increased this year's discretionary spending caps by a whopping $143 billion, paving the way for a 13 percent...
Omnibus Spends $110 Billion Above New Budget Caps
Last week's omnibus spending bill enacted a 13 percent increase in base appropriations, spending virtually all of the additional $143 billion allowed...