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.
CBO Budget Projections Show Bleak Outlook
The Congressional Budget Office (CBO) has released its 2019 budget and economic projections, and the budget outlook is very bleak. CBO's baseline...
The Longest Shutdown Has Hit Consumer Sentiment the Hardest
It's not just the economy that's taken a hit from the partial shutdown of the government. Consumer confidence has taken a dip as well, falling more...
A (Very Small) PAYGO Sequester is Scheduled To Happen
Small automatic cuts may be coming soon because Congress added to deficits last year. An $800 million (0.1 percent cut) was supposed to go into effect...
The Government Shutdown Could Wipe Out Recent Stimulus Effects on This Quarter
The current government shutdown has lasted long enough to temporarily erase all the positive stimulus effects of recent major legislation. Chairman of...
The Shutdown's Economic Toll Equals the Average Hurricane
The current government shutdown is the economic equivalent of a self-imposed natural disaster. As the 32nd day of the longest government shutdown in...
Ernst, Lankford, and Perdue Introduce The "No Budget, No Recess" Act
Senator Joni Ernst (R-IA), along with Senators Lankford (R-OK) and Perdue (R-GA), today introduced the "No Budget, No Recess" Act." The legislation...
CBO: Fixing the Debt Could Increase Average Income by $6,000 Per Person
While some recent commentators have suggested Americans stop worrying about our debt, evidence shows there is a significant upside to addressing our...
Budget Changes in Proposed House Rules
House Democrats are proposing a package of rules to govern the House of Representatives in the 116th Congress. The package contains many changes from...
Our Top Fiscal Charts of 2018
The year 2018 was a busy time for budget policy, which gave us plenty of opportunities for analysis via tables and graphs. We published over 250 blogs...
Leon Panetta: Five Lessons that Never Seem to Be Learned from Shutting Down the Government
Leon Panetta is co-chair of the Committee for a Responsible Federal Budget, former budget director and White House chief of staff under President Bll...
House to Vote on $100 Billion Lame Duck Tax Package
The House will likely consider a package of lame duck tax cuts costing almost $100 billion over ten years. About half of the cost comes from delaying...
What Happens in a Partial Government Shutdown?
Policymakers have until midnight on Friday to avoid a partial government shutdown. Lawmakers have already passed full-year appropriations for five of...