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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GDP Grew 2.2% in FY 2026
According to advance estimates from the Bureau of Economic Analysis, Gross Domestic Product (GDP) increased at an annualized rate of 3.4% in the third...
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Tax Reform Options for Nonprofit Hospitals
About half of all U.S. hospitals are designated as “charitable” nonprofit institutions by the Internal Revenue Service (IRS). Their status means that...
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Latest IMF Outlook Highlights Strong Growth Amid Rising Debt
The International Monetary Fund (IMF) recently released its latest World Economic Outlook, highlighting persistent global growth but heightened risks...
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Social Security is Now Less Than Six Years from Insolvency
The Social Security retirement trust fund is now less than six years from insolvency, according to CRFB’s Insolvency Countdown Clock. Without action...
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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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Blue Dog Coalition Unveils Budget Process Reform Package
Representatives Jared Golden (D-ME), Marie Gluesenkamp Perez (D-WA), and Adam Gray (D-CA) – leaders in the House Blue Dog Coalition – recently...
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Fox News "Special Report" Spotlights National Debt
In the first segment of a new Fox News "Special Report Spotlight" series on America's balance sheet, Bret Baier spotlighted the nation's unsustainable...
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Use The Social Security Reformer to Prevent Insolvency
Time is running out to save the Social Security retirement trust fund from insolvency in less than six years and a 22% across-the-board benefit cut...
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Charitable Deduction Reform Could Raise Revenues and Increase Giving
We estimate reforms to charitable tax deductions could generate $20 billion while increasing giving, or $115 billion with little impact on giving...
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High Inflation Drives 3.6% Social Security COLA
Social Security beneficiaries will receive a 3.6% cost-of-living adjustment (COLA) in 2027, based on today’s inflation data. This COLA will be 0.8...
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GAO: Up to $304 Billion in Tax Fraud Annually
Tax fraud costs the federal government between $116 billion and $304 billion each year, according to a recent analysis by the Government...
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CBO Finds Rising Rates Could Explode the Debt
The Congressional Budget Office (CBO) released an analysis today of the impact of higher interest rates on the national debt relative to its February...