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.
Case and Womack Renew Efforts with the Sustainable Budget Act
Representatives Ed Case (D-HI) and Steve Womack (R-AR) recently reintroduced the Sustainable Budget Act (H.R. 222), which would establish an 18-member...
Deficit Totaled $2.0 Trillion in Calendar Year 2024
The federal budget deficit totaled $2.0 trillion for calendar year 2024, an increase of roughly $200 billion from the Fiscal Year 2024 deficit and...
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...
Weakening the SALT Cap Would be a Costly Mistake
According to press reports, policymakers are considering changes to the $10,000 state and local tax (SALT) deduction cap as part of their efforts to...
Putting Numbers to TCJA Dynamic Feedback Estimates
As we have pointed out before, extending the various individual and estate tax provisions of the Tax Cuts and Jobs Act (TCJA) beyond their scheduled...
Upcoming Congressional Fiscal Policy Deadlines
Updated 1/9/2024: The President signed a continuing resolution on December 21, 2024, that runs through March 14, 2025. Lawmakers will need to pass...
CBO’s “Other Mandatory” Savings Options
The Congressional Budget Office (CBO) recently released its Options for Reducing the Deficit, outlining 76 policy options to reduce the deficit. Most...
Maya MacGuineas on Bloomberg TV's "Balance of Power"
Committee president Maya MacGuineas recently appeared on Bloomberg's "Balance of Power" to discuss President-elect Trump's comments on the debt...
Chris Towner: It’s Time To Get Serious About The Federal Budget Deficit
Chris Towner is the policy director for the Committee for a Responsible Federal Budget. He recently wrote an opinion piece for the Carolina Journal...
Top 13 Fiscal Charts of 2024
It was a busy year for fiscal policy in 2024, with a big focus on the presidential election. In addition to releasing a few major papers, we also...
Appropriations Watch: FY 2025
Updated 12/23/24: In the evening of December 20, the House and Senate passed a continuing resolution to fund the government through March 14, 2025...
John Kasich: It’s finally time to tackle the national debt
John Kasich is a former governor of Ohio, former congressman representing the state, and director at the Committee for a Responsible Federal Budget...