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.
How Much Did President Trump Add to the Debt?
In the recent GOP primary presidential debate, former United Nations Ambassador Nikki Haley claimed that President Trump added $8 trillion to the...
Maya MacGuineas on Bloomberg TV's "Wall Street Week"
Committee president Maya MacGuineas recently joined "Wall Street Week" with David Westin to discuss President Joe Biden and Donald Trump's policy...
OMB & CBO Release Memos on FY 2024 Discretionary Spending Limits
The Office of Management and Budget (OMB) recently released a Frequently Asked Questions document and the Congressional Budget Office (CBO) published...
GAO Recommends Actions to Reduce Tax Gap
The Government Accountability Office (GAO) recently released revised recommendations for the Treasury Department and the Internal Revenue Service (IRS...
Top 10 Fiscal Charts of 2023
Fiscal policy was once again at the forefront of congressional debates in 2023, giving us many opportunities to write about and illustrate the...
Potential Tax Deal Could Cost $830 Billion
UPDATE (January 2024): We have published an updated analysis of this tax deal. You can find the updated analysis here . As Congress nears important...
Talking Debt and Deficits in the GOP Debates
In the first four Presidential primary debates, the GOP candidates have mentioned the deficit or debt a combined 35 times, with former United Nations...
Payroll Taxes Fall Short of Paying for Social Security and Medicare
In a recent New York Times opinion piece which keyed off a recent analysis from Karen Smith and Committee for a Responsible Federal Budget board...
Marc Goldwein and Chris Towner: Social Security Can’t Grow Its Way Out of Trouble
Marc Goldwein is senior vice president and senior policy director of the Committee for a Responsible Federal Budget. Chris Towner is policy director...
Lawmakers Are Mulling Up to $2.3 Trillion in Borrowing
So far, this year, lawmakers have enacted $1.3 trillion of ten-year debt reduction (see our debt thermometer) – the most since 2011. But policies...
Lower Costs, More Transparency Act Passes House
The House of Representatives passed the Lower Costs, More Transparency Act yesterday with a large bipartisan majority. Within the legislation is an...
A Breakdown of Foreign Aid Obligations
With policymakers considering supplemental appropriations for Ukraine, Israel, and other foreign policy needs, many are wondering how much of the...