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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The Case for Raising the Social Security Retirement Age
The Committee for a Responsible Federal Budget’s Marc Goldwein recently appeared on the “Open to Debate” podcast to discuss the benefits of raising...
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CBO's Alternative Long-Term Budget Projections
Though the Congressional Budget Office's (CBO) latest Long-Term Budget Outlook projects that federal debt held by the public will reach 181 percent of...
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Maya MacGuineas on Bloomberg TV's "Balance of Power"
Committee president Maya MacGuineas recently joined Bloomberg Television's "Balance of Power" with Annmarie Hordern and Joe Mathieu to discuss the...
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Senate Appropriations Supplemental Could Add $155 Billion to the Debt
Senate Appropriations Chair Patty Murray (D-WA) and Vice Chair Susan Collins (R-ME) announced yesterday that they would introduce add supplemental...
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Restoring Trust Fund Solvency Would Reduce Long-Term Debt Growth
Restoring solvency to the major trust funds would reduce one-half to four-fifths of the projected debt-to-GDP growth over the next three decades. The...
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New Evidence Suggests Even Larger Medicare Advantage Overpayments
Update 2/2/24: We have updated our estimate for MA overpayments due to new research into coding intensity and favorable selection from MedPAC . We...
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Bipartisan Fiscal Forum Launched
Today marked the launch of the Bipartisan Fiscal Forum, a group of lawmakers focused on drawing attention to and finding solutions for America’s...
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Mike Pence’s Proposal to Freeze Nondefense Discretionary Spending
Republican presidential candidate Mike Pence recently proposed freezing nondefense discretionary (NDD) spending, which we estimate could save between...
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The Deficit Was $2.2 Trillion Over Past Year
The federal budget deficit totaled $2.2 trillion over the past 12 months, up 64 percent from the $1.4 trillion deficit in Fiscal Year (FY) 2022 and...
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IRA Energy Provisions Could Cost Two-Thirds More Than Originally Estimated
At the time of its passage, the Congressional Budget Office (CBO) and Joint Committee on Taxation (JCT) estimated that the Inflation Reduction Act...
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Interest Costs Will Grow the Fastest Over the Next 30 Years
According to the Congressional Budget Office’s (CBO) long-term baseline, federal spending as a percentage of Gross Domestic Product (GDP) will grow to...
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New Poll Finds Widespread Support for Creation of a Bipartisan Fiscal Commission
A recent poll released by the Peter G. Peterson Foundation shows that a strong majority of Americans are increasingly concerned with the national debt...