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: The national debt still matters, despite low interest rates
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...
GDP Did Not Just Increase 33%
Today's advanced third quarter GDP estimates from the Bureau of Economic Analysis are being reported as showing 33 percent economic growth. This...
A Closer Look at the Record $3.1 Trillion Deficit in FY 2020
The Treasury Department released its final Monthly Treasury Statement for Fiscal Year (FY) 2020, showing a record $3.1 trillion deficit for the year...
CBO Shows "Interest" in Greater Transparency
The Congressional Budget Office (CBO) took another step last week towards greater transparency when it published an interactive workbook that allows...
Maya MacGuineas: Trump and Biden must answer critical budget questions
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...
Factchecking Tax Claims in the 2020 Election
In recent days, President Trump and former Vice President Joe Biden have made several competing claims about the other's tax agenda. We summarize and...
Problem Solvers Release Budget Principles
Earlier this week, the Congressional Problem Solvers Caucus, a bipartisan group of pragmatic representatives led by Reps. Josh Gottheimer (D-NJ) and...
IMF Report Underscores Need for Long-Term Deficit Reduction in U.S.
The International Monetary Fund (IMF) made news earlier this week when it issued a report saying that most advanced economies will not need future...
Mike Murphy and Steve Richardson: Our bitter polarization won’t end with the election
Mike Murphy is t he director of the Committee for a Responsible Federal Budget's FixUS initiative. He recently wrote an opinion piece with FixUS...
Update: COVID-Related State & Local Aid Will Total $280 Billion
Our update to COVID Money Tracker this week incorporated new Medicaid estimates from the Congressional Budget Office (CBO). These new Medicaid...
Congressional Caucus Rules Can Promote Better Budgeting
The rules establishing each party’s self-governance within Congress can affect federal budget practices. Changing them could improve the climate for...
Maya MacGuineas Joins CNBC to Discuss COVID Relief and Presidential Campaign Plans
Committee for a Responsible Federal Budget President Maya MacGuineas recently appeared on CNBC. She joined the show to discuss the negotiations over...