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.
Options for Student Loan Savings
Update: The offset options below were estimated prior to enactment of the One Big Beautiful Bill Act (OBBBA) and have not been updated. OBBBA replaced...
House Budget Allows At Least $2.8 Trillion of Deficit Increases
The House of Representatives will soon consider a budget resolution for Fiscal Year (FY) 2025, which was reported favorably out of the House Budget...
What’s in the Senate Budget Committee’s Budget Resolution?
The Senate Budget Committee recently reported out a budget resolution for Fiscal Year (FY) 2025 through 2034 and will soon consider it in the full...
Hundreds of Billions in Medicaid Savings from Financing Schemes
The budget resolution approved by the House Budget Committee last week includes reconciliation instructions for the Energy and Commerce Committee to...
Maya MacGuineas on CNBC's "Power Lunch"
Committee president Maya MacGuineas recently appeared on CNBC's "Power Lunch" to discuss waste, fraud, and abuse in the federal budget, efforts to...
Responsible Budgeting Act Reintroduced in the House
On February 6, Representatives Scott Peters (D-CA) and Bill Huizenga (R-MI), Co-Chairs of the Bipartisan Fiscal Forum, along with Representatives...
Reforming the Debt Ceiling
The debt ceiling was reinstated on January 2, 2025. Lawmakers should lift it as soon as possible rather than relying on extraordinary measures and...
Taking a Closer Look at the House Budget’s Reconciliation Instructions
Note (2/19/2025): The below analysis was written before the committee marked up the resolution and added a requirement for an additional $500 billion...
12-Month Rolling Deficit is $2.1 Trillion in January 2025
The 12-month rolling deficit – or the amount the federal government has borrowed over the past year – totaled $2.1 trillion, based on estimates from...
David Stockman: Trump’s $30 trillion Debt Disaster
David Stockman is a board member of the Committee for a Responsible Federal Budget, former director of the Office of Management and Budget, and former...
CBO's Revenue Savings Options
Update: The offset options below were estimated prior to enactment of the One Big Beautiful Bill Act (OBBBA) and have not been updated. Some options...
$3 Trillion of Dynamic Feedback is Fantasy Math
According to a recent press report, the House may try to claim $3 trillion of deficit reduction as a result of “assumed economic growth from tax cuts”...