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.
Reintroduction of the Fiscal State of the Nation Resolution
Representatives Andy Barr (R-KY) and Scott Peters (D-CA) reintroduced the Fiscal State of the Nation resolution in the House in conjunction with...
W&M Tax Bill Undermines FRA Savings
The American Families and Jobs Act (AFJA) that recently passed the House Ways and Means Committee would add $320 billion to the deficit over the next...
Senators Introduce Thoughtful Higher Education Package
Members of the Senate HELP Committee, led by Ranking Member Bill Cassidy (R-LA), along with Chuck Grassley (R-IA), John Cornyn (R-TX), Tim Scott (R-SC...
Key Takeaways from the Site-based Invoicing and Transparency Enhancement (SITE) Act
This week Senators Mike Braun (R-IN), Maggie Hassan (D-NH), and John Kennedy (R-LA) introduced the Site-based Invoicing and Transparency Enhancement...
W&M Tax Bill Would Cost Over $1 Trillion if Made Permanent
The House Ways and Means Committee will soon consider the American Families and Jobs Act , legislation to temporarily extend various business tax...
The Deficit Was $2.1 Trillion Over Past Year
The federal budget deficit totaled $2.1 trillion over the past 12 months, up 50 percent from the $1.4 trillion deficit in Fiscal Year (FY) 2022 and...
Marc Goldwein on CNBC's "Squawk Box"
Committee for a Responsible Federal Budget senior policy director Marc Goldwein recently joined CNBC's "Squawk Box" to discuss the latest on the...
Maya MacGuineas on MSNBC's "The Saturday Show"
Committee for a Responsible Federal Budget president Maya MacGuineas recently joined MSNBC's "The Saturday Show" with host Jonathan Capehart to...
How Much Would the Fiscal Responsibility Act Save?
The House-passed Fiscal Responsibility Act of 2023 (FRA) would suspend the debt limit and meaningfully reduce budget deficits – but by how much...
Rescinding COVID Relief Funds Saves $30 Billion
As policymakers negotiate a deal to raise the debt ceiling and reduce deficits, reports suggest that rescinding remaining COVID relief funds may be an...
Maya MacGuineas on C-SPAN's "Washington Journal"
Committee for a Responsible Federal Budget President Maya MacGuineas recently joined C-SPAN's "Washington Journal" to talk about the ongoing...
Maya MacGuineas on CNBC's "Power Lunch"
Committee for a Responsible Federal Budget President Maya MacGuineas recently joined CNBC's "Power Lunch" to discuss the debt ceiling negotiations...