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.
Image
Health Care Proposals in the President’s Fiscal Year 2025 Budget
For more about these proposals, listen to Josh Gordon , CRFB’s Director of Health Policy, on the podcast: Facing the Future . The President's Fiscal...
Image
CBO Says IRS Cuts Would Be Costly
Rescinding $20 billion of Internal Revenue Service (IRS) funding would ultimately add over $30 billion to the deficit, including $24 billion through...
Image
An Overview of the President's FY 2025 Budget
The Biden Administration just released its Fiscal Year (FY) 2025 budget proposal, outlining some of the President's tax and spending priorities for...
Image
Maya MacGuineas Discusses President's Budget on "Bloomberg Markets"
Committee president Maya MacGuineas recently joined "Bloomberg Markets" with host Sonali Basak to offer breaking analysis of President Biden's Fiscal...
Image
The Deficit Totaled $1.8 Trillion Over the Past Year
The federal budget deficit totaled $1.8 trillion over the past 12 months, up $36 billion from the 12-month period ending in January and up $107...
Image
Fact-Checking the 2024 State of the Union
In last night's State of the Union Address, President Biden made a number of claims related to the budget deficit. We've fact-checked three of those...
Image
New RECA Bill Would Worsen the Debt
The Senate is expected to vote this week on a bill ( S.3853) to dramatically expand the Radiation Exposure Compensation Act (RECA) created to...
Image
College Cost Reduction Act Could Save $150 Billion, Lower Tuitions
UPDATE: On May 10, 2024, the Congressional Budget Office estimated the College Cost Reduction Act would save $185 billion over a decade, including...
Image
Congress Just Prevented Pell Costs from Exploding
The cost of the Pell Grant program already exceeds its funding. A recently announced change from the Department of Education, made due to an error in...
Image
CBO Baseline Highlights Troubling Long-Term Future
The Congressional Budget Office’s (CBO) February 2024 Budget and Economic Outlook projects that the national debt will exceed its record as a share of...
Image
Bipartisan Support for a Fiscal Commission
This week, the American Road & Transportation Builders Association led a coalition letter to leadership asking for a fiscal commission to be included...
Image
Can Donald Trump Eliminate the Debt?
In discussing another potential term in office, last month, former President Donald Trump declared, "we’re going to pay off our debt.” President Trump...