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.
Donald Trump's Suggestion to End Taxation of Social Security Benefits
Earlier today, former President Donald Trump suggested eliminating the partial income taxation of Social Security benefits, which currently helps fund...
Meeting Fiscal Goals Under CBO’s June 2024 Baseline
It would require nearly $10 trillion of deficit reduction to stabilize debt at its current share of the economy over the next decade, according to the...
Bipartisan Fiscal Forum Leaders Letter Calls to Address Debt
Bipartisan Fiscal Forum co-chairs Rep. Scott Peters (D-CA) and Rep. Bill Huizenga (R-MI) recently led a letter to House Speaker Mike Johnson (R-LA)...
Trump and Biden: Partisan Breakdown of New Debt
In their time in office, both former President Trump and President Biden approved trillions of dollars in new ten-year borrowing both for COVID...
Trump and Biden: Timing of New Debt
In a recent analysis , we estimated that President Trump approved $8.4 trillion of new ten-year borrowing during his term in office, while President...
Tom Tauke: Neither Joe Biden nor Donald Trump seems willing to address the national debt
Tom Tauke is a director at the Committee for a Responsible Federal Budget and former congressman from Iowa. He recently wrote an opinion piece in the...
Pell Grant Shortfall Remains a Threat
Pell Grant costs will exceed new funding over the next decade, based on the latest Congressional Budget Office (CBO) baseline, depleting nearly all...
Maya MacGuineas: The Galling Mistake That Led The US To Its Current Debt Problem
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...
Trump and Biden: Executive Actions
In a recent analysis, we estimated that former President Trump approved $8.4 trillion of new ten-year borrowing ($4.8 trillion excluding the CARES Act...
12-Month Deficit Decreases to $1.6 Trillion in June 2024
The federal budget deficits totaled $1.6 trillion over the past 12 months, including the $73 billion June deficit released today by the Congressional...
Trump and Biden: Debt Growth
We recently estimated that former President Trump and current President Biden approved $8.4 trillion and $4.3 trillion of new ten-year borrowing (or...
Trump and Biden: Tax and Spending Changes
In a recent analysis, we estimated that former President Donald Trump approved $8.4 trillion of new ten-year borrowing during his four-year term in...