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.
Does the Rescissions Bill Cut $15 Billion in Spending?
The President recently updated and revised his request to rescind some spending, removing some cuts from the proposal and clarifying others. The...
Mitch Daniels: That Entitlements Can is Getting Heavier, and We’re Running Out of Road
Mitch Daniels is the president of Purdue University, a former governor of Indiana, a former director of the Office of Management and Budget, and a co...
A Quick Take on the 2018 Social Security and Medicare Trustees Reports
The Social Security and Medicare Trustees have released their reports on the financial state of the respective programs. Below is a quick take, and we...
VA Cap Adjustment Could Cost Over $55 Billion
The VA MISSION Act that passed both Houses of Congress last month may get a whole lot more expensive. As part of the Veterans Affairs (VA)...
CBO Economic Forecasts Are Similar to the Consensus, Unlike OMB
The Congressional Budget Office's (CBO) analysis of the President's Fiscal Year (FY) 2019 budget found that the President's policies would still...
CBO Releases Estimate of the President's Budget
The Congressional Budget Office (CBO) released its estimate of the President's 2019 budget today. The estimates show debt would continue to rise under...
WATCH: Maya MacGuineas Testifies Before Budget Process Committee
Committee for a Responsible Federal Budget president Maya MacGuineas testified before the Joint Select Committee on Budget and Appropriations Process...
Congress Has Never Failed to Propose a Budget
There has never been a year where at least one of the two congressional Budget Committees have not proposed a budget. Since the modern budget process...
Paul & Sanford Introduce Penny Plans
Senator Rand Paul (R-KY) and Representative Mark Sanford (R-SC) have introduced “penny plans” that would balance the budget within a decade through a...
VA Health Bill Should Be Offset
The House will vote this week on a bill that would temporarily extend then replace the Veterans Choice Program, which allows veterans facing long wait...
Does the Rescissions Bill Undermine Children's Health Care?
Many have criticized President Trump's $15 billion rescission package for cutting the Children's Health Insurance Program (CHIP). For instance, a...
It Would Take Nearly Unprecedented Economic Growth to Balance the Budget
Increased economic growth has often been cited as a solution to our fiscal problems or as a way to offset deficit-increasing legislation. However...