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...
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.
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...
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...
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...
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...
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 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...
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...
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,...
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...
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 | Budget Process
PAYGO Tracker: FY 2020
The first rule of getting out of a hole is to stop digging it deeper. Yet with deficits projected to exceed $1 trillion this fiscal...
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...
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...
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...
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...
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...
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...
Dec 3, 2019
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