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.
Meeting Fiscal Goals Under CBO's May 2023 Baseline
We estimate that it would take $16.0 trillion of deficit reduction to balance the budget over a decade, $3.5 trillion to stabilize debt at 110 percent...
Interest Overtakes Kids' Spending
Interest on the debt is the fastest growing item in the federal budget, and in Fiscal Year (FY) 2023 the federal government will spend more on net...
CBO Releases May 2023 Baseline
The Congressional Budget Office (CBO) today released new ten-year budget projections, again confirming that the national debt is on an unsustainable...
Maya MacGuineas on Bloomberg's "Balance of Power"
Committee president Maya MacGuineas recently joined Bloomberg Television's "Balance of Power" with Kailey Leinz and Joe Mathieu to discuss what...
Deficit Nearly $2 Trillion Over Past Year
The federal government has run nearly $2 trillion in deficits over the past year, based on monthly data from the Congressional Budget Office (CBO)...
Revenue Surge Comes to an End
After surging to a near-record 19.6 percent of Gross Domestic Product (GDP) last fiscal year, revenue has fallen to 17.7 percent of GDP over the past...
Maya MacGuineas on Washington Post Live
Committee for a Responsible Federal Budget President Maya MacGuineas recently joined Washington Post Live to discuss the debt ceiling, federal...
House Appropriations Committee Publishes FY 2024 Community Project Funding Requests
In an effort to improve transparency around the appropriations process, the House Appropriations Committee recently centralized a list of Fiscal Year...
Maya MacGuineas on MSNBC's "The Sunday Show"
Committee for a Responsible Federal Budget President Maya MacGuineas recently joined MSNBC's "The Sunday Show" with Jonathan Capehart to discuss the...
Maya MacGuineas on Fox News' "Sunday Night in America"
Committee for a Responsible Federal Budget President Maya MacGuineas recently joined Fox News' "Sunday Night in America" with Trey Gowdy to discuss...
John Kasich and Timothy Penny: Balanced Budgets Don't Need to Be a Thing of the Past
John Kasich and Timothy Penny are former Members of Congress and a board member and a co-chair, respectively, of the Committee for a Responsible...
Putting the Limit, Save, Grow Act in Context
The Limit, Save, Grow Act would reduce deficits by about $4.5 trillion over the next decade, with $3.2 trillion of those savings coming from caps to...