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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Retirees Face a $17,400 Cut if Social Security Isn't Saved
As the 2024 presidential campaign ramps up, candidates are facing pressure to pledge not to touch Social Security. While this pledge is framed as...
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The Deficit Was $2.3 Trillion Over Past Year
The federal budget deficit totaled $2.3 trillion over the past 12 months, up 65 percent from the $1.4 trillion deficit in Fiscal Year (FY) 2022 and...
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Rising Debt Could Reduce Income Growth by One-Third
A high and rising national debt poses a series of risks and threats, including slower income and wage growth. A new report from the Congressional...
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The World Economic Outlook Projects Stronger Growth and Still High Inflation
The International Monetary Fund (IMF) released its July 2023 World Economic Outlook, projecting global economic growth will fall from 3.5 percent in...
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Mike Pence's Plan to End Inflation
Last week, former Vice President and current GOP Presidential candidate Mike Pence released a multi-part plan meant to combat inflation by cutting...
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Build Your Own Child Tax Credit – A Web-Based Version
The Child Tax Credit (CTC) has become a topic of significant debate among policymakers as they wrestle with determining its appropriate size...
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Site-Neutral Legislative Proposals Gaining Traction
One of the best ways to reduce health care costs would be to move towards “ site-neutral” payments and away from the current system’s inefficient...
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The Case for Raising the Social Security Retirement Age
The Committee for a Responsible Federal Budget’s Marc Goldwein recently appeared on the “Open to Debate” podcast to discuss the benefits of raising...
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CBO's Alternative Long-Term Budget Projections
Though the Congressional Budget Office's (CBO) latest Long-Term Budget Outlook projects that federal debt held by the public will reach 181 percent of...
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Maya MacGuineas on Bloomberg TV's "Balance of Power"
Committee president Maya MacGuineas recently joined Bloomberg Television's "Balance of Power" with Annmarie Hordern and Joe Mathieu to discuss the...
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Senate Appropriations Supplemental Could Add $155 Billion to the Debt
Senate Appropriations Chair Patty Murray (D-WA) and Vice Chair Susan Collins (R-ME) announced yesterday that they would introduce add supplemental...
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Restoring Trust Fund Solvency Would Reduce Long-Term Debt Growth
Restoring solvency to the major trust funds would reduce one-half to four-fifths of the projected debt-to-GDP growth over the next three decades. The...