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 3.0 Should Be For Deficit Reduction
As lawmakers begin discussions over advancing a third budget reconciliation bill in the 119 th Congress, they should keep focus on the country’s...
Event Recap: Checking in on the Social Security & Medicare Trust Funds
On June 10, the Committee for a Responsible Federal Budget hosted an online webinar, Checking in on the Social Security & Medicare Trust Funds. The...
Appropriations Watch: FY 2026
Note: For the latest fiscal year, click here . Updated 6/11/26: On April 30, the House passed a Department of Homeland Security (DHS) funding bill...
Lawmakers Introduce Bill to Create Commission to Address Social Security Insolvency
Representatives Tom Cole (R-OK) and Thomas Suozzi (D-NY) recently introduced the Bipartisan Social Security Commission Act, legislation that would...
Social Security and Medicare Trustees Release 2026 Reports
The Social Security and Medicare Trustees released their annual reports today, finding that both programs have significantly worse financial outlooks...
Maya MacGuineas: No State Spared When Social Security Goes Insolvent
Maya MacGuineas is president of the Committee for a Responsible Federal Budget. She recently wrote an opinion piece for the Albany Times Union , an...
Proposed Tariff Actions Could Raise Revenue by Nearly $1 Trillion
The Trump Administration recently proposed new tariffs on imports from 60 economies using Section 301, which allows the President to impose trade...
12-Month Rolling Deficit is $1.7 Trillion in May 2026
The federal government borrowed $1.7 trillion over the past year – June 2025 to May 2026 – based on estimates from the Congressional Budget Office...
Marc Goldwein Discusses No State Spared on C-SPAN
The Committee for a Responsible Federal Budget's Senior Vice President & Senior Policy Director, Marc Goldwein, joined C-SPAN's "Washington Journal"...
IMF Warns of Risks from Rising Debt
The International Monetary Fund (IMF) recently released its semiannual Fiscal Monitor report, warning that risks to the global fiscal outlook have...
Marc Goldwein: Point: Suspending Federal Gas Tax Will Only Worsen Transportation
Marc Goldwein is the senior vice president and senior policy director for the Committee for a Responsible Federal Budget. He recently wrote an opinion...
Ways & Means Advances Anti-Fraud Bills
The House Ways and Means Committee approved several bills last week aimed at reducing waste, fraud, abuse, and errors in the federal budget as well as...