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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.

Donald Trump
Jan 8, 2020 | Budgets & Projections

President Trump has Signed $4.7 Trillion of Debt into Law

Our US Budget Watch 2020 project analyzes, estimates, and explains the fiscal implications of proposals introduced during the presidential campaigns...
Concept_DC_Capitol Building Sunrise
Jan 7, 2020 | Social Security

Support for TRUST Act Grows

The Time to Rescue United States Trusts Act, or the TRUST Act, was introduced last fall on a bipartisan basis in both chambers of Congress to...
Congress
Jan 7, 2020 | Budgets & Projections

Cassidy Criticizes Process and Results of Budget Deal

Senator Bill Cassidy (R-LA) in an op-ed in The Wall Street Journal a few weeks ago criticized last month's appropriations deal for both its...
Maya MacGuineas
Jan 2, 2020 | Budgets & Projections

Maya MacGuineas: A Resolution for Congress in 2020 – Make Better Fiscal Policy Decisions

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...
concept_fiscal_new_year_confetti
Dec 31, 2019 | Budgets & Projections

Our Top Fiscal Charts of 2019

2019 was a busy year for budget policy, which gave us ample opportunities to conduct substantive policy analysis using charts and tables. This...
Concept_Fiscal_New_Year
Dec 30, 2019 | Budgets & Projections

The Decade in the Federal Budget

When it comes to fiscal policy, the 2010s have been quite a rollercoaster. Below, we’ve identified a few major budgetary trends and patterns of the...
Concept_DC_Capitol Building Sunrise
Dec 24, 2019 | Other Spending

Appropriations Watch: FY 2020

Updated 12/24/2019: Congress did not complete action on appropriations before the end of the fiscal year on Sept. 30. Congress enacted a continuing...
Concept_DC_Capitol Building_Money
Dec 24, 2019 | Budget Process

Upcoming Congressional Fiscal Policy Deadlines

Updated 12/24/2019: Congress did not complete action on appropriations before the end of the fiscal year on Sept. 30, although lawmakers enacted...
Dec 19, 2019 | Budgets & Projections

Policymakers Added $2.2 Trillion to the Debt in 2019

With Congress finishing up appropriations for Fiscal Year (FY) 2020, including additional provisions that will add $500 billion in debt over the next...
Concept_Debt
Dec 18, 2019 | Health Care| Taxes

Appropriations Deal Will Cost $2.1 Trillion Over 20 Years

The appropriations deal's numerous deficit-increasing policies, most notably its permanent repeal of three Affordable Care Act (ACA) taxes,...
Concept_calculator
Dec 18, 2019 | Other Spending

Cory Booker's "Baby Bonds" Plan

Presidential candidate Senator Cory Booker (D-NJ) has put forward a proposal to establish savings accounts for every child born in America funded...
Dec 17, 2019 | Budgets & Projections

Mike Murphy: Unlike Politicians in D.C., Some Are Willing to Work Together

Mike Murphy is the Chief of Staff and Director of the Committee for a Responsible Federal Budget's FixUs initiative. He recently wrote an op-ed...
Maya MacGuineas
Dec 17, 2019 | Budgets & Projections

Maya MacGuineas: Will the Federal Government's Nonstop Spending Binge Continue?

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...
Dec 16, 2019 | Health Care| Taxes

Spending Package Could Add $500 Billion to Debt

Update 12/17/19: CBO and JCT have now estimated the year-end spending package after a late-night addition by the House Rules Committee. The bill now...
Concept_World_Money
Dec 13, 2019 | Budgets & Projections

OECD: U.S. Has the Highest Deficit

The United States had the highest deficit in 2018 among Organisation for Economic Co-operation and Development (OECD) countries...
Maya MacGuineas
Dec 13, 2019 | Social Security

Maya MacGuineas: Utah Statesmen Seek to Fix Our Most Pressing Problems

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...
Erskine Bowles
Dec 13, 2019 | Economics

Erskine Bowles and Henry Paulson: How to Get Americans to Love Capitalism Again

Erskine Bowles served as chief of staff to President Bill Clinton from 1997 to 1998 and is a member of the Committee for a Responsible Federal Budget...
Taxes_1040 Form
Dec 11, 2019 | Taxes

Wall Street Journal Editorial Board Takes on Temporary Tax Breaks

The Wall Street Journal editorial board wrote an opinion piece today decrying special interest tax subsidies that may be added to a year-end...
Concept_DC_Capitol Building

Burchett, Case, and Womack Introduce RAFT Act

One way to begin addressing our unsustainable fiscal situation is to set fiscal goals, which could come in the form of debt targets. A new...
US flag with 100 dollar background
Dec 3, 2019

Support Us on #GivingTuesday

This #GivingTuesday, support the nonpartisan work of the Committee for a Responsible Federal Budget.  Your tax-deductible contribution will...

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