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.
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Ways and Means Subcommittee Examines Changes to the SSDI Appeals Process
The House Ways and Means Subcommittee on Social Security held a hearing on July 25 regarding changes to the adjudication process for the Social...
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House to Vote on $90 Billion of Tax Cuts
The House of Representatives is voting this week on three bills targeting health care-related tax provisions and expanding the use of Health Savings...
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Newest Kids' Share Report Projects Further Decline in Spending on Children
Federal spending on children will continue its expected decline, falling to roughly 7 percent of outlays and less than 2 percent of the economy by...
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Watch the Debt Fixer in Action
We just updated our popular Debt Fixer interactive federal budget tool with new options to reflect recent tax and spending legislation and the latest...
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Congress Is Struggling to Produce a Budget, So Do It Yourself with Our Debt Fixer Tool
The federal budget is more than 3 months overdue and the national debt is headed towards record levels. Now, we provide you an opportunity to show...
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Mid-Session Review Shows How Much Worse the Deficit Has Gotten in the Past Year
The Office of Management and Budget (OMB) released the Mid-Session Review (MSR) last week, updating the President's FY 2019 budget projections with...
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Have Deficit Projections Doubled Because of the Tax Bill and BBA 2018?
Chairman of the House Ways and Means Committee Kevin Brady (R-TX) appeared on Fox Business this morning, where he was asked about CRFB's analysis...
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Panetta Recommends Budget Reform to JSC
Committee for a Responsible Federal Budget co-chair Leon Panetta testified before the Joint Select Committee on Budget and Appropriations Process...
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WATCH: Leon Panetta Testifies Before Budget Process Committee
Committee for a Responsible Federal Budget co-chair Leon Panetta testifies before the Joint Select Committee on Budget and Appropriations Process...
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Ways and Means Committee Considering $92 Billion of Tax Cuts
The House Ways and Means Committee today is marking up a package of 11 tax bills related to health care. The Joint Committee on Taxation (JCT)...
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Does CBO "Expect the TCJA to Significantly Boost" the Economy in 2018?
UPDATE: The FRBSF paper has been corrected to remove the erroneous claim that CBO’s growth estimates are well in excess of theirs. The below fact...
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Budget Process Changes in the FY 2019 House Budget
The Fiscal Year 2019 House budget resolution contains a number of interesting budget process proposals. The budget passed out of committee last month...