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.
Student Loan Pause Could Cost $275 Billion
Note: (11/22/2022): The Department of Education announced it would extend the pause to the sooner of 60 days after resolution of the student debt...
Year-End Borrowing Could Worsen Deficits and Inflation
With inflation surging and debt approaching record levels, policymakers should avoid worsening the deficit and should at least pledge to add no new...
Maya MacGuineas: Can Congress go 44 days without piling on more debt?
Maya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote an opinion...
EARN Act Would Cost $80 Billion Without Gimmicks
This analysis is an update to a previous analysis of the Enhancing American Retirement Now Act to account for the introduction of the legislation...
New Projection: Federal Debt Will Reach Record Levels Sooner Than Expected
The nation’s fiscal and economic outlook has deteriorated substantially since the last Congressional Budget Office (CBO) baseline in May, when CBO...
IRS Releases Updated Tax Gap Analysis
The Internal Revenue Service (IRS) recently released an updated analysis of the “tax gap” – the difference between taxes owed to the federal...
Mitch Daniels: Modern Monetary Theory, debunked everywhere except among government big-spenders
Mitch Daniels is the president of Purdue University, a former governor of Indiana, a former director of the Office of Management and Budget, and a co...
COVID Relief End Explains All of 2022 Deficit Decline
The budget deficit fell by half between Fiscal Year (FY) 2021 and FY 2022, from $2.8 trillion to $1.4 trillion. While the Biden Administration has...
Treasury: FY 2022 Deficit Was $1.4 Trillion
The U.S. Department of the Treasury released its final Monthly Treasury Statement for Fiscal Year (FY) 2022, showing a $1.4 trillion deficit for the...
CBO Offers Approaches to Reduce Commercial Health Prices
The Congressional Budget Office (CBO) recently released a report discussing different policy approaches to reducing the prices paid by commercial...
New York Times Highlights Need to Improve Medicare Advantage
A recent investigation published in The New York Times highlights the need for Medicare Advantage (MA) improvements by calling attention to widespread...
Student Debt Cancellation is Not Financially Justified
The White House has justified the unilateral implementation of its $400 billion student debt cancellation plan based on authority the Secretary of...