Mar 7, 2019 | Budgets & Projections
What We’d Like to See in President Trump’s FY 2020 Budget
Reports suggest the Trump administration will release its FY 2020 budget in two parts, beginning next week.
With debt at post-war record highs,...
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.
Mar 7, 2019 | Health Care
Health Spending Outlook Shows Faster Growth Ahead
The Center for Medicare and Medicaid Services (CMS) recently released new National Health Expenditure (NHE) projections through 2027,...
Mar 1, 2019 | Budgets & Projections
Annual Deficits Could Hit $2.3 Trillion
Deficits are rising quickly under current law, as the Congressional Budget Office's (CBO) recent budget outlook demonstrates. Under current law, CBO...
Feb 27, 2019 | Health Care
How Much Will Medicare for All Cost?
Representative Pramila Jayapal (D-WA), a co-chair of the Medicare for All Caucus, released a bill today that would adopt a single-payer system, where...
Feb 27, 2019 | Budgets & Projections
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...
Feb 27, 2019 | Budget Process
Upcoming Congressional Fiscal Policy Deadlines
Updated 2/27/2019: Congress passed full appropriations for the remaining seven appropriations bills for the rest of fiscal year 2019, and the...
Feb 26, 2019 | Social Security
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...
Feb 21, 2019 | Economics
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 ...
Feb 19, 2019 | Taxes
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...
Feb 15, 2019 | Other Spending
Appropriations Watch: FY 2019
Last Updated 2/15/2019
Congress passed full appropriations for the remaining seven appropriations bills for the rest of fiscal year 2019, and...
Feb 13, 2019 | Budgets & Projections
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...
Feb 7, 2019 | Budgets & Projections
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...
Feb 5, 2019
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...
Feb 1, 2019 | Budgets & Projections
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 ...
Feb 1, 2019 | Budgets & Projections
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...
Jan 30, 2019 | Budgets & Projections
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...
Jan 29, 2019 | Economics
Erskine Bowles: Americans are being left behind. Here's how we fix it.
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...
Jan 28, 2019 | Budgets & Projections
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...
Jan 25, 2019 | Economics
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...
Jan 24, 2019 | Budget Process
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...
