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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Tariff Revenue Soars in FY 2025 Amid Legal Uncertainty
The federal government raised $195 billion in customs duties in Fiscal Year (FY) 2025, more than 250% of what it collected in FY 2024, according to...
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WATCH - Erskine Bowles: We Can Save Social Security and Medicare
Erskine Bowles, former Co-Chair of the 2010 National Commission on Fiscal Responsibility and Reform and current Committee for a Responsible Federal...
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Event Recap: Saving the Trust Funds
On October 22, the Committee for a Responsible Federal Budget hosted Saving the Trust Funds: New Solutions for Social Security and Medicare. The event...
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CRFB Floats “Break Glass Plan" for Next Economic Shock
With our national debt currently at 100 percent of Gross Domestic Product (GDP), America has never entered any kind of economic emergency as indebted...
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CBO Estimates 2025 Deficit Totaled $1.8 Trillion
The federal budget deficit totaled $1.8 trillion in Fiscal Year (FY) 2025, based on estimates from the Congressional Budget Office (CBO), roughly...
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Court Blocks CMS Ability to Recover Overpayments from Medicare Advantage
Overpayments in the Medicare Advantage (MA) program continue to be a significant problem for the federal government, and the problem may have just...
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Maya MacGuineas and John Kasich Discuss the National Debt
Committee for a Responsible Federal Budget president Maya MacGuineas recently joined John Kasich, former Congressman and Governor of Ohio and a member...
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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" to discuss the...
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Mid-Session Review Offers a Dose of Fiscal Fantasy
The White House Office of Management and Budget (OMB) recently released its Mid-Session Review (MSR) for the President’s Fiscal Year (FY) 2026 budget...
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Chris Towner: The Social Security and Medicare Funding Problems Are Real
Chris Towner is the policy director for the Committee for a Responsible Federal Budget. He recently wrote an op-ed for the Washington Monthly, an...
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Replacing Tariff Revenue if the Supreme Court Rules Tariffs Illegal
This November, the Supreme Court will hold oral arguments on whether a large swath of President Trump‘s tariffs are illegal or not, possibly leading...
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CBO Releases Economic Projections From 2025 to 2028
The Congressional Budget Office (CBO) recently released its updated economic projections for 2025 through 2028, updated from its January 2025 baseline...