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.
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
The Congressional Budget Office (CBO) recently released its Options for Reducing the Deficit, outlining a number of options to reduce the deficit. We...
$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”...
Maya MacGuineas on CNBC's "The Exchange"
Committee for a Responsible Federal Budget president Maya MacGuineas recently appeared on CNBC's "The Exchange" to discuss the Committee's estimates...
Interest on the Debt to Grow Past $1 Trillion Next Year
The Congressional Budget Office’s (CBO) latest budget and economic outlook includes a troubling projection for net interest payments on the debt...
Trump Tax Priorities Total $5 to $11 Trillion
In a closed-door meeting with House Leadership today President Trump reportedly outlined his tax priorities. According to press reports, they included...
Pell Grant Program Is In Serious Trouble
The Pell Grants program is now expected to run out of reserves by the end of this year and is expected to face a $71 billion to $111 billion ten-year...