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.
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Appropriations Watch: FY 2027
Updated 8/12/2026: Following the House's passage of a continuing resolution (CR) that would fund the government through December 4, the Senate passed...
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CBO Estimates Trump Class Battleships to Cost $275 Billion Over 30 Years
Last week, the Congressional Budget Office (CBO) published an estimate of the potential cost of constructing the Navy’s newly proposed, nuclear...
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12-Month Rolling Deficit is $1.9 Trillion in July 2026
The federal government borrowed $1.9 trillion over the past 12 months according to new estimates from the Congressional Budget Office (CBO). Based on...
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National Health Expenditures Continue to Rise
The Centers for Medicare & Medicaid Services (CMS) recently released the latest National Health Expenditures (NHEs) projections, estimating health...
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Marc Goldwein's Senate Testimony on Addressing Social Security Solvency
On August 5, 2026, Committee for a Responsible Federal Budget Senior Vice President and Senior Policy Director Marc Goldwein testified before the...
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Part D Costs on the Rise Due to IRA's Benefit Redesign
The Inflation Reduction Act’s (IRA’s) Medicare Part D drug benefit redesign will cost much more than originally estimated, according to the...
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What's in the Budgeting for a Better America Act?
Representatives Steve Womack (R-AR), Ed Case (D-HI), Bill Huizenga (R-MI), and Scott Peters (D-CA) – members of the Bipartisan Fiscal Forum (BFF) –...
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Upcoming Congressional Fiscal Policy Deadlines
Updated 6/11/26: On April 30, the House passed a Department of Homeland Security (DHS) funding bill, ending a partial shutdown that began on February...
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Health Fraud Bill Would Save $168 Billion
When it comes to fighting fraud, sometimes you have to spend money to save money. Last week, House Budget Committee Chairman Jodey Arrington (R-TX)...
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Section 301 & 338 Tariffs Replace Less Than 60% of Lost IEEPA Revenue
Today, the Trump Administration announced final action imposing tariffs of 10% to 12.5% on certain imports from 60 economies in response to their...
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A Flat-Rate COLA for Social Security
As part of our Trust Fund Solutions Initiative, which introduces novel ideas to shore up the Social Security, Medicare, and Highway programs, we...
The 10-year Treasury Yield Eclipsed 4.6%
The 10-year Treasury note surpassed 4.6% today, 45 basis points above projections from the Congressional Budget Office (CBO) and more than 60% higher...