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.
Appropriations Watch: FY 2020
Updated 12/24/2019: Congress did not complete action on appropriations before the end of the fiscal year on Sept. 30. Congress enacted a continuing...
Policymakers Added $2.2 Trillion to the Debt in 2019
With Congress finishing up appropriations for Fiscal Year (FY) 2020, including additional provisions that will add $500 billion in debt over the next...
Appropriations Deal Will Cost $2.1 Trillion Over 20 Years
The appropriations deal's numerous deficit-increasing policies, most notably its permanent repeal of three Affordable Care Act (ACA) taxes, would cost...
Cory Booker's "Baby Bonds" Plan
Presidential candidate Senator Cory Booker (D-NJ) has put forward a proposal to establish savings accounts for every child born in America funded...
Mike Murphy: Unlike Politicians in D.C., Some Are Willing to Work Together
Mike Murphy is the Chief of Staff and Director of the Committee for a Responsible Federal Budget's FixUs initiative. He recently wrote an op-ed for...
Maya MacGuineas: Will the Federal Government's Nonstop Spending Binge Continue?
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...
Spending Package Could Add $500 Billion to Debt
Update 12/17/19: CBO and JCT have now estimated the year-end spending package after a late-night addition by the House Rules Committee. The bill now...
OECD: U.S. Has the Highest Deficit
The United States had the highest deficit in 2018 among Organisation for Economic Co-operation and Development (OECD) countries according to the...
Maya MacGuineas: Utah Statesmen Seek to Fix Our Most Pressing Problems
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...
Erskine Bowles and Henry Paulson: How to Get Americans to Love Capitalism Again
Erskine Bowles served as chief of staff to President Bill Clinton from 1997 to 1998 and is a member of the Committee for a Responsible Federal Budget...
Wall Street Journal Editorial Board Takes on Temporary Tax Breaks
The Wall Street Journal editorial board wrote an opinion piece today decrying special interest tax subsidies that may be added to a year-end spending...
Burchett, Case, and Womack Introduce RAFT Act
One way to begin addressing our unsustainable fiscal situation is to set fiscal goals, which could come in the form of debt targets. A new bill...