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.
Reconciliation Could Increase Spending Under Senate Instructions
The Fiscal Year (FY) 2025 concurrent budget resolution reconciliation instructions would allow the House to add up to $2.8 trillion to primary...
Maya MacGuineas on Fox Business' "Mornings with Maria"
Committee for a Responsible Federal Budget president Maya MacGuineas recently appeared on Fox Business’ “Mornings with Maria” live from the 2025...
Higher Treasury Yields Would Add Trillions to the Debt
The 10-year Treasury yield today is approaching 4.4 percent, over 50 basis points above the intra-day low a month ago on April 7, more than twice as...
Ways & Means Has Plenty of Deficit Reduction Options
The Ways and Means Committee has jurisdiction over nearly $50 trillion of spending and tax breaks that can be tapped for reconciliation, including...
Budget 101
Key Resources to Get You Started or Refresh Your Understanding of Fiscal Topics The Budget 101 resources page offers a collection of materials...
Energy & Commerce Has Plenty of Options
Under the House's reconciliation instructions, the Energy & Commerce Committee is tasked with identifying at least $880 billion of net deficit...
Extending TCJA is as Big as Doubling Social Security’s Shortfall
Policymakers are considering an extension of expiring parts of the Tax Cuts and Jobs Act (TCJA) as part of a reconciliation bill, which could reduce...
House Education and Workforce Committee Proposes $349 Billion in Offsets
Yesterday the House Education and Workforce Committee released its part of the House reconciliation package, which would save an estimated $349...
Maya MacGuineas and Samuel T. Sicard: Situation Dire
Maya MacGuineas is president of the Committee for a Responsible Federal Budget and Samuel T. Sicard is president and CEO of First National Bank of...
Unpaid-for Tax Cuts Would Shrink Incomes, CBO Finds
The Congressional Budget Office (CBO) recently found that extending the 2017 Tax Cuts and Jobs Act (TCJA) and adding $1.5 trillion in additional tax...
Experts Push Back on Current Policy Switch
As Congress continues to discuss a compromise budget resolution between the House and Senate, setting the stage for reconciliation, the choice of...
Comparing the House vs. Senate on FY 2025 Reconciliation
The concurrent budget resolution for Fiscal Year (FY) 2025 has been adopted by both the House and Senate. It includes reconciliation instructions that...