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.
Tax Cut and Spending Bill Could Cost $5.5 Trillion Through 2029
The 2017 tax cut and the 2018 spending bill loom large in the latest Congressional Budget Office (CBO) outlook; the two pieces of legislation as...
SSDI Solutions Initiative Releases Paper on Developing Demonstrations Based on Lessons Learned
The McCrery-Pomeroy SSDI Solutions Initiative yesterday released the first of a series of papers on how to improve policies for people with...
Maya MacGuineas: The Rise of Free Lunch Economics & the Growth of Our National Debt
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...
Tyler Evilsizer: Putting the Trump Tax Cuts Will Pay For Themselves Myth To Bed
Tyler Evilsizer is deputy policy director at the Committee for a Responsible Federal Budget. He recently wrote an opinion piece for The Hill , an...
Appropriations Watch: FY 2019
Congress passed full appropriations for the remaining seven appropriations bills for the rest of fiscal year 2019, and the president signed the...
As Debt Rises, Interest Costs Could Top $1 Trillion
The fastest growing item in the budget over the next decade will be interest on the debt, according to the Congressional Budget Office (CBO). In this...
These 3 Parts of the Budget Explain 87% of Spending Growth
The Congressional Budget Office's (CBO) latest baseline shows that deficits and debt are rising unsustainably, driven by the failure of revenue to...
Play Debt-O During State of the Union 2019!
President Donald Trump will give his second State of the Union address tonight at 9 p.m. ET. CRFB will be live tweeting the speech, providing analysis...
Maya MacGuineas: How to Keep the Government Running When Lawmakers Fail To Do Their Job
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...
The Two Factors That Explain the Improvement in the Budget Outlook
This year's Congressional Budget Office (CBO) budget outlook was a slight improvement over last April's, although it still shows a troubling outlook...
CBO: Debt-to-GDP Will Double in Three Decades
CBO’s latest baseline projected that current law debt will rise rapidly from today’s post-war record-high levels over the next decade. Buried further...
Erskine Bowles: Americans are being left behind. Here's how we fix it.
Many Americans are being left behind by today’s modern, global economy, and they are justifiably angry about it.