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.
Appropriations Watch: FY 2025
Updated 12/20/24: The House passed a continuing resolution to fund the government through March 14, 2025, by a vote of 366 to 34. The measure will now...
Reflections on the 2024 Ed Lorenzen Fiscal Internship
By Olabisi Omoniyi-Alake The time that I have spent working at the Committee for a Responsible Federal Budget (CRFB) has been a transformative...
Maya MacGuineas: The Biggest Budget Deadline No One Has Heard Of
Maya MacGuineas is president of the Committee for a Responsible Federal Budget. She recently wrote an opinion piece for the Washington Examiner , an...
Upcoming Congressional Fiscal Policy Deadlines
Updated 12/18/2024: The President signed a Continuing Resolution on September 26, 2024, that runs through December 20, 2024. Lawmakers will need to...
Options to Raise Tariff Revenue
Note: The Congressional Budget Office (CBO) has published conventional estimates that a uniform increase in tariffs of 10 percent would reduce...
Kent Conrad: The Conrad Rule is the Answer to our Budget Reconciliation Woes
Kent Conrad is a former senator, former Chairman of the Senate Budget Committee, and a director of the Committee for a Responsible Federal Budget. He...
Medicaid Savings Options
The Medicaid program – a joint federal-state program that provides health care to low-income populations – is projected to cost the federal government...
Typical Couple Will Lose $25,000 of Social Security from WEP/GPO Repeal
Lawmakers are considering the repeal of Social Security’s Windfall Elimination Provision (WEP) and Government Pension Offset (GPO). Not only would...
Event Recap – 2025: The Fiscal Challenges Ahead
On Tuesday, December 10, 2024, the Committee for a Responsible Federal Budget hosted more than 130 people at an in-person event, " 2025: The Fiscal...
TCJA Extension Might Not Pay for Any of Itself
New data from the Congressional Budget Office (CBO) finds that economic feedback may not cover any of the revenue loss and that TCJA extension might...
12-Month Rolling Deficit Rises to $2.1 Trillion in November 2024
From December 2023 to November 2024, the federal budget deficit totaled $2.1 trillion based on estimates from the Congressional Budget Office's (CBO)...
FY 2025 Reconciliation Resources
The 119th Congress is expected to use the reconciliation process to pass legislation with a significant fiscal impact, such as extending the expiring...