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.
Putting the Reconciliation Resolution in Context
The House Fiscal Year (FY) 2025 budget resolution would allow policymakers to add $2.8 trillion to primary deficits through 2034 via a reconciliation...
What's in the House's Full-Year Continuing Resolution?
Update (3/13/2025): This piece has been updated to include an estimate of the Changes in Mandatory Programs (CHIMPs) without outlay savings, which...
Maya MacGuineas on Fox Business’s “Mornings with Maria”
Committee president Maya MacGuineas recently appeared on Fox Business’s “Mornings with Maria” to discuss the House continuing resolution (CR), the...
12-Month Rolling Deficit Rises to $2.2 Trillion in February 2025
The federal budget deficit totaled $2.2 trillion between March 2024 and February 2025 based on estimates from the Congressional Budget Office (CBO)...
House Spending Cuts Would Not Be Largest in History
The House recently adopted its Fiscal Year (FY) 2025 budget resolution, which includes reconciliation instructions allowing a net $2.8 trillion of...
Potential Savings from Shrinking the Federal Workforce
The Trump Administration has called for significant reductions to the federal workforce and has begun the process by laying off a number of federal...
New Estimates Confirm Economic Growth Won’t Pay for Tax Cuts
The latest estimates from third-party modelers confirm what we’ve said several times before: economic growth will not pay for tax cut extensions. New...
“Current Policy Baseline” Gimmick Could Explode the Debt
As the House and Senate work to land on a concurrent budget resolution, Congress may consider trying to measure their reconciliation bills relative to...
Maya MacGuineas: The Drivers of our Debt and the Empty Rhetoric of Politics Today
Maya MacGuineas is president of the Committee for a Responsible Federal Budget. She recently wrote an opinion piece for the Ripon Forum , an excerpt...
Maya MacGuineas on Bloomberg TV's "Balance of Power"
Committee for a Responsible Federal Budget president Maya MacGuineas recently appeared on Bloomberg TV's "Balance of Power" with hosts Joe Mathieu and...
Options for Student Loan Savings
The federal student loan program has a $1.6 trillion outstanding portfolio of loans and is projected to issue an additional trillion dollars in loans...
House Budget Allows At Least $2.8 Trillion of Deficit Increases
The House of Representatives will soon consider a budget resolution for Fiscal Year (FY) 2025, which was reported favorably out of the House Budget...