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.
Gimmick Alert: Congress Considering Increasing Spending Through Harbor Maintenance Maneuver
Having already used the war spending designation and fake mandatory savings to get around discretionary spending caps, lawmakers are turning to...
Options to Offset An Infrastructure Package
A meeting between Democratic Congressional leaders and President Trump a few weeks ago raised the possibility of an infrastructure package. The...
WATCH: Conrad and Gregg Testify Before Senate Budget Committee
Two former Senate Budget chairmen are testifying today before the Senate Budget Committee on the failures of the current budget process and the...
Tim Penny & David Minge: Our Trillion-Dollar Problem Deserves Bipartisan Attention
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...
Event Recap: Unpacking the 2019 Social Security Trustees' Report
On April 26, the Committee for a Responsible Federal Budget hosted a lunch and panel discussion on "Unpacking the Social Security Trustees' Report."...
IMF: U.S. Continues to Stand Out with Growing Debt
The United States ranks number one among advanced economies in expected increase of debt as a percentage of Gross Domestic Product (GDP) according to...
CBO Releases Its Own Estimate of the President's FY 2020 Budget
The Congressional Budget Office (CBO) has released its estimate of the President's FY 2020 budget. CBO finds that debt in the budget would be on an...
Reviving Expired Tax Extenders Could Cost $150 Billion
For years, Washington has resigned itself to a patchwork of tax policy in place for one or two years at a time, allowing niche temporary tax...
The Republican Study Committee's FY 2020 Budget: Preserving American Freedom
The Republican Study Committee (RSC) has released its own budget proposal for Fiscal Year (FY) 2020, calling for $10.7 trillion in deficit reduction...
President's Budget Gets Serious About Cutting Waste, Fraud, and Abuse
Update: the tables in this post have been updated with estimates from CBO's analysis of the President's FY 2020 budget. CBO does not provide specific...
CBO's Updated Baseline Shows Grim Outlook
Today, the Congressional Budget Office (CBO) released its updated budget projections. The projections are relatively similar to January and continue...
Social Security Shortfall Could Be Worse Than Reported
The 2019 Social Security Trustees Report estimates the program's trust funds face a 75-year actuarial shortfall of 2.78 percent of taxable payroll...