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.
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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...
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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...
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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...
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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...
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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...
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Pell Grants Face a Big Shortfall
The Pell Grant program helps low-income students to fund their education by offering them up to $7,395 per year to fund tuition and other expenses...
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Do We Spend More On Interest Than Defense?
During a recent town hall, former United Nations Ambassador and current Presidential candidate Nikki Haley claimed, “for the first time we're paying...
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Measuring the Savings from Preventative Health Care
This month, the House Budget Committee passed a bill that would direct the Congressional Budget Office (CBO) to evaluate the long-term budget impacts...
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84 Percent of Spending Growth Will Come from Health, Social Security, and Interest
Budget deficits are projected to grow from $1.7 trillion in Fiscal Year (FY) 2023 to $2.6 trillion by 2034 according to the Congressional Budget...
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Fiscal Commission Act: Just the FAQs
The House Budget Committee recently reported the Fiscal Commission Act (FCA), sponsored by Reps. Bill Huizenga (R-MI) and Scott Peters (D-CA) on a...
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What's in the Senate-Passed National Security Supplemental?
Earlier this week, the Senate passed the National Security Act that combines aid to Ukraine and Israel with other defense-related priorities. Based on...
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Maya MacGuineas Discusses CBO Projections on C-SPAN
Committee for a Responsible Federal Budget President Maya MacGuineas recently joined C-SPAN's "Washington Journal" to discuss new projections from the...