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.
Representatives Rice, Barr Introduce Fiscal State of the Nation Resolution
Last week, Representatives Kathleen Rice (D-NY) and Andy Barr (R-KY) introduced a bipartisan bill to make it harder for Congress to ignore the...
What Would Social Security 2100 Mean for the Debt?
Saving Social Security from its looming trust fund insolvency would significantly improve the overall fiscal picture. Under the Congressional Budget...
Kamala Harris's LIFT the Middle Class Act
Democratic presidential candidate Senator Kamala Harris (D-CA) has called for giving a $3,000 per person ($6,000 per couple) refundable tax credit for...
Will Thanksgiving Appropriations Be Stuffed with Debt?
Having just enacted a continuing resolution last week to extend current government funding through November 21, policymakers must now work toward the...
Eugene Steuerle: Multi-Trillion Dollar Fiscal and Monetary Gambles
Under pressure from President Trump and worried about a worldwide economic slowdown, the Federal Reserve recently cut short-term interest rates.
Marjorie Margolies: When will the 2020 presidential candidates be asked about America’s debt?
Marjorie Margolies is president of Women’s Campaign International and a member of the board of the Committee for a Responsible Federal Budget. She...
We Updated the Debt Fixer and Released Results Showing Americans Can Fix the Debt
We have updated our popular Debt Fixer interactive budget tool, just as Congress faces another deadline to keep the government funded and avoid a...
Elizabeth Warren's Higher Education Plan
In April, 2020 presidential candidate Senator Elizabeth Warren (D-MA) unveiled a plan for “universal free public college and cancellation of student...
Eugene Steuerle: Congress is supposed to decide how the U.S. spends money. Soon, it won’t be able to.
Democratic candidates for president are promising Medicare-for-all, free college and an ambitious — and expensive — Green New Deal.
Is Spending, Not Tax Cuts, Driving the Deficit?
The House Ways and Means Committee minority recently published a blog post claiming that "spending, not tax cuts, [is] driving national deficits." It...
Tim Penny & David Minge: Debating 2020 Democrats should not ignore our exploding debt
Tim Penny is co-chair and David Minge is a board member of the Committee for a Responsible Federal Budget. Both are former representatives from the...
Debt Could Reach Record Levels by 2030
The Congressional Budget Office's (CBO) latest budget projections point to high and rising debt under current law, but the situation is far worse if...