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.
Energy & Commerce Draft Would Help Limit Medicaid Gaming
The House Energy & Commerce (E&C) Committee recently released its proposed reconciliation legislation, which is expected to save over $900 billion...
Ways & Means Draft Could Add $5 Trillion to Deficits
Update (5/10/2025): This piece was published prior to the Joint Committee on Taxation's revenue estimate , which totals $4.9 trillion for the bill as...
New Site-Neutral Bill Introduced in Senate
Senator John Kennedy (R-LA) introduced the Same Care, Lower Cost Act this week, which would take significant steps toward implementing site-neutral...
Options for Reducing Energy-Related Tax Breaks
Update: The offset options below were estimated prior to enactment of the One Big Beautiful Bill Act and have not been updated. Some options are no...
12-Month Rolling Deficit is $2.0 Trillion in April 2025
The federal budget deficit totaled $2.0 trillion over the past 12 months based on estimates from the Congressional Budget Office (CBO). Due to...
Reconciliation Could Increase Spending Under Senate Instructions
The Fiscal Year (FY) 2025 concurrent budget resolution reconciliation instructions would allow the House to add up to $2.8 trillion to primary...
Maya MacGuineas on Fox Business' "Mornings with Maria"
Committee for a Responsible Federal Budget president Maya MacGuineas recently appeared on Fox Business’ “Mornings with Maria” live from the 2025...
Higher Treasury Yields Would Add Trillions to the Debt
The 10-year Treasury yield today is approaching 4.4 percent, over 50 basis points above the intra-day low a month ago on April 7, more than twice as...
Ways & Means Has Plenty of Deficit Reduction Options
The Ways and Means Committee has jurisdiction over nearly $50 trillion of spending and tax breaks that can be tapped for reconciliation, including...
Budget 101
Key Resources to Get You Started or Refresh Your Understanding of Fiscal Topics The Budget 101 resources page offers a collection of materials...
Energy & Commerce Has Plenty of Options
Under the House's reconciliation instructions, the Energy & Commerce Committee is tasked with identifying at least $880 billion of net deficit...
Extending TCJA is as Big as Doubling Social Security’s Shortfall
Policymakers are considering an extension of expiring parts of the Tax Cuts and Jobs Act (TCJA) as part of a reconciliation bill, which could reduce...