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.
Image
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...
Image
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...
Image
Committee Co-Chair Mitch Daniels on Bloomberg TV
Committee for a Responsible Federal Budget co-chair Mitch Daniels, former director of the Office of Management and Budget, appeared on Bloomberg TV's...
Image
New House Members Stress Importance of PAYGO
A group of ten new Democratic members of the House of Representatives sent a letter to House committee chairs on Wednesday urging them to better...
Image
Marc Goldwein: A better way to cut the payroll tax rate
Marc Goldwein is senior vice president and senior policy director of the Committee for a Responsible Federal Budget. He recently wrote an opinion...
Image
How to Reduce Health Costs By $900 Billion
There is no single magic bullet to rein in the high cost of health care for households, businesses, and governments. But lawmakers are currently...
Image
Maya MacGuineas: With a growing debt, a fiscally responsible blueprint is needed to handle the next recession
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...
Image
New CBO Budget Projections Show Toll of Budget-Busting Legislation
The Congressional Budget Office (CBO) just released its latest baseline, projecting high and rising debt made worse by recent legislation. CBO...
Image
How Much Would a Payroll Tax Holiday Cost?
Update 8/20/19: While speaking in the Oval Office, President Trump confirmed that a payroll tax cut and indexing capital gains were under discussion...
Where Does the Budget Stand Compared to Historical Averages?
Recently, there has been a lot of discussion over whether the country has a revenue problem or a spending problem. While there is no way to...
Image
Was a "No" Vote on the Budget Deal a Vote for "More Spending"?
In support of the $1.7 trillion Bipartisan Budget Act of 2019 (BBA19), Senator David Perdue (R-GA) gave a floor speech and penned an op-ed arguing...
Image
Senate Finance Prescription Drug Bill Would Reduce Deficits by $100 Billion
The Senate Finance Committee recently approved by a 19-9 vote a prescription drug bill, the Prescription Drug Pricing Reduction Act, that the...