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.
Maya MacGuineas Discussing New Debt Analysis on Bloomberg "Surveillance"
Committee for a Responsible Federal Budget president Maya MacGuineas joined Bloomberg Television's "Surveillance" with hosts Jonathan Ferro, Lisa...
Government Spending Just Keeps on Growing
The latest Congressional Budget Office (CBO) baseline shows that federal spending this year will be the largest it’s ever been outside a crisis – far...
CBO Releases June 2024 Baseline Update
The Congressional Budget Office (CBO) today released new ten-year budget and economic projections – an update from its February baseline – again...
Donald Trump’s Proposal to Exempt Tip Income from Federal Taxes
US Budget Watch 2024 is a project of the nonpartisan Committee for a Responsible Federal Budget designed to educate the public on the fiscal impact of...
TCJA Extension Could Add $4 to $5 Trillion to Deficits
Our newly-released Build Your Own Tax Extensions tool is now updated to reflect the most recent estimates by the Congressional Budget Office (CBO) on...
Maya MacGuineas Discusses Tax Policy on Bloomberg TV
Committee for a Responsible Federal Budget President Maya MacGuineas recently joined Bloomberg TV's "Balance of Power" with host Joe Mathieu...
Deficit Totaled $1.7 Trillion Over the Past Year
The federal budget deficit totaled $1.7 trillion over the past 12 months, incorporating the $348 billion May deficit estimated by the Congressional...
Tax Cut Extension Would Only Pay for 1% to 14% of Itself
Several major elements of the 2017 Tax Cuts and Jobs Act (TCJA) are scheduled to expire at the end of 2025. While the estimated cost of extending...
Tax Cut Extensions Are 50% Larger
Extending certain parts of the Tax Cuts & Jobs Act (TCJA) would reduce revenue by $4 trillion through 2034, according to new estimates from the Joint...
Income Growth Would Slow By One-Third Due to Rising Debt
A new report from the Congressional Budget Office (CBO) finds rising national debt will slow economic growth and reduce projected incomes. Compared to...
CMS Finalizes Medicaid Rule Likely to Increase Spending
In a rule finalized at the end of April, the Centers for Medicare and Medicaid Services (CMS) introduced significant changes to financing and...
Maya MacGuineas: The grim future for Medicare and Social Security
Maya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote an opinion...