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.
Lawmakers Reintroduce Sustainable Budget Act
Lawmakers in both chambers of Congress recently reintroduced the Sustainable Budget Act, with Representatives Ed Case (D-HI) and Steve Womack (R-AR)...
Comparing CBO’s Economic Projections to Other Forecasts
Growth in the economy will slow over the coming year as unemployment rises and inflation eases modestly, according to the Congressional Budget Office...
Maya MacGuineas: Doing nothing on Social Security and Medicare will be a painful and costly decision
Maya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote an opinion...
House Freedom Caucus Proposes up to $3.7 Trillion in Savings for Debt Ceiling Vote
The House Freedom Caucus released today a proposal for the upcoming debt ceiling negotiations. Its members call for repealing the announced student...
Maya MacGuineas: Is cutting the deficit by $3 trillion enough? Not even close
Maya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote an opinion...
An Overview of the President's FY 2024 Budget
Moments ago, the Biden Administration released its Fiscal Year (FY) 2024 budget proposal , outlining some of the President's tax and spending...
2022 Inflation Hit a 41 Year Record
Inflation surged at the fastest pace since 1981 last year, based on the final Consumer Price Index (CPI) and Personal Consumption Expenditure Price...
The Debt Ceiling and Fiscal Reforms
With federal debt subject to the limit currently at $31.38 trillion, the federal government has officially run up against its debt ceiling. In January...
Good Management of Medicare Advantage is Not a “Cut” to Medicare
Although politicians often speak of wanting to target “waste, fraud, and abuse” in government programs, there is currently an effort to prevent the...
81 Percent of Spending Growth Will Come from Health Care, Social Security, and Interest
The Congressional Budget Office (CBO) projects that budget deficits will double from $1.4 trillion in Fiscal Year (FY) 2023 to nearly $2.9 trillion by...
What Would It Take to Balance the Budget? An Update
The analysis below updates our previous analysis " What Would It Take to Balance the Budget? " to account for the Congressional Budget Office's latest...
Net Interest Will Total $10.5 Trillion Over the Next Decade
One of the fastest-growing expenditures over the next decade will be net interest on the national debt, according to the latest projections from the...