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 Releases Economic Projections From 2025 to 2028
The Congressional Budget Office (CBO) recently released its updated economic projections for 2025 through 2028, updated from its January 2025 baseline...
Appropriations Watch: FY 2026
Updated 9/12/25: On September 10, House Appropriations Committee Chairman Tom Cole made a motion to conference with the Senate to advance the...
12-Month Rolling Deficit is $1.9 Trillion in August 2025
From September 2024 through August 2025, the federal government borrowed $1.9 trillion based on estimates from the Congressional Budget Office (CBO)...
A Second Reconciliation Bill Should Reduce Deficits
As Congress considers the possibility of a second reconciliation bill, lawmakers should ensure it reduces deficits rather than adds to them as the...
Trump CEA Projections Tracker
Before the passage of the One Big Beautiful Bill Act (OBBBA), the White House Council of Economic Advisers (CEA) released economic and fiscal...
An Economic Sugar High Doesn’t Mean Sustained Growth
The recently-enacted One Big Beautiful Bill Act (OBBBA) is expected to significantly boost near-term economic activity, but is unlikely to accelerate...
Maya MacGuineas on MSNBC's "Ana Cabrera Reports"
Committee for a Responsible Federal Budget president Maya MacGuineas recently appeared on MSNBC's "Ana Cabrera Reports" to discuss the impact of...
Maya MacGuineas on Fox Business' "Mornings With Maria"
Committee for a Responsible Federal Budget president Maya MacGuineas recently appeared on Fox Business' "Mornings With Maria" to discuss revenue from...
Meeting Fiscal Goals Under CRFB’s August Baseline
It would take roughly $7.5 trillion of deficit reduction over the next decade to bring the deficit down to 3 percent of GDP by 2035, and $9 trillion...
An August 2025 Budget Baseline
The enactment of the One Big Beautiful Bill Act (OBBBA), new tariffs framework, and other changes have meaningfully changed the fiscal outlook since...
As Social Security Turns 90, It's Racing Towards Insolvency
Social Security turns 90 today – but its retirement program is on course to be insolvent by age 97 – according to new estimates from the program’s...
New York Times Article Does More to Perpetuate Myths than to Dispel Them
With Social Security’s 90 th birthday approaching, The New York Times (NYT) published an article this week alleging “ 6 myths about it that won’t go...