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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Waiting To Rescue Social Security Has Weakened Our Options
Social Security’s retirement trust fund is less than seven years from insolvency, at which point beneficiaries face the prospect of a 24% benefit cut...
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What’s in the Senate FY 2026 Budget Resolution?
The Senate adopted its Fiscal Year (FY) 2026 budget resolution last night, kicking off the reconciliation process. Unfortunately, the budget is about...
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1% Higher Interest Rates Add $3.5 Trillion in Debt
Interest costs will exceed $1 trillion this year and have nearly tripled from $345 billion in Fiscal Year (FY) 2020. By FY 2036, the Congressional...
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Senator Wyden Introduces Tax Week Revenue-Raisers
Senator Ron Wyden (D-OR), the Ranking Member of the Senate Finance Committee, introduced five bills this week to close tax loopholes, improve tax...
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Trump CEA Projections Tracker
Before the passage of the One Big Beautiful Bill Act (OBBBA), the White House Council of Economic Advisers (CEA) released economic and fiscal...
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Recent Metal Tariff Changes Will Lose $90 Billion, Instead of Raising Revenue
On April 2 the Administration issued a proclamation adjusting tariffs on imports of aluminum, steel, and copper. Contrary to the initially reported...
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House Budget Committee Examines 3% Deficit-to-GDP Target
On March 26, 2026, the House Budget Committee held a hearing titled “The Best Metric to Reverse the Curse: A 3% Deficit-to-GDP Path to Fiscal...
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Inflation Spikes to Highest in Nearly Two Years
The Consumer Price Index (CPI) increased a massive 0.9% in March, driven largely by rising energy prices, and is up 3.3% over the past year – putting...
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Recap: Maya MacGuineas Testifies Before Senate Finance Subcommittee
On March 11, the Senate Finance Subcommittee on Fiscal Responsibility and Economic Growth held a hearing titled “The Fiscal Outlook: 2027-2036.” The...
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Event Recap: Boomerang: Wealth, Retirement, and the Generational Divide
On April 8, the Committee for a Responsible Federal Budget hosted Boomerang: Wealth, Retirement, and the Generational Divide. This Trust Fund...
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CMS Abandons Efforts to Rein in Medicare Costs
After proposing meaningful reforms to reduce Medicare Advantage (MA) overpayments in January, the Centers for Medicare & Medicaid Services (CMS)...
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12-Month Rolling Deficit is $1.6 Trillion in March 2026
The federal government borrowed $1.6 trillion over the past 12 months based on new estimates from the Congressional Budget Office (CBO). CBO estimates...