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.
Social Security and Medicare Trustees Release 2024 Reports
The Social Security and Medicare Trustees just released their annual reports on the financial status of the Social Security and Medicare programs. The...
Maya MacGuineas on Fox News' "Special Report"
Committee for a Responsible Federal Budget President Maya MacGuineas recently joined Fox News' "Special Report" with Bret Baier to discuss the annual...
The Total Cost of Student Debt Cancellation
Including the Biden Administration’s new student debt cancellation plan, we estimate all recent student debt cancellation policies will cost a...
Introducing the CRFB Debt Thermometer
Fiscal policy has profound consequences on the economic health and national security of the country. Yet little is done to track the effects of...
Appropriations Watch: FY 2024
Updated 4/24/2024: On Tuesday, April 23, the Senate passed a package of national security-oriented bills passed by the House on Saturday, April 20...
What's in the Latest House National Security Supplementals?
The House of Representatives is set to soon vote on a series of national security-related supplemental appropriations bills. Three of the bills...
Interest Rates Surge Near Record Highs
Interest rates are once again on the rise across nearly every maturity. The ten-year Treasury note closed at 4.7 percent on Tuesday, up from 4.1...
Tim Penny & David Minge: Taxes increasingly paying for the past - not the future
Tim Penny is co-chair and David Minge is a an emeritus board member of the Committee for a Responsible Federal Budget. Both are former representatives...
Student Debt Plan Would Add Hundreds of Billions to Deficit
The Biden Administration recently announced a new plan to cancel student debt for up to 30 million borrowers and released a preliminary rule this...
2017 Tax Cuts Continue to Lose Revenue
UPDATE (June 2024): This analysis has been updated for CBO's June 2024 baseline update . The Congressional Budget Office (CBO) estimated the Tax Cuts...
Trust Fund Solvency Could Stabilize the Debt
Restoring solvency to the major trust funds could stabilize debt as a share of the economy, albeit at a very high level. We estimate that when dynamic...
Breaking Down the Proposals in the President's FY 2025 Budget
The Biden Administration recently released the President's Fiscal Year (FY) 2025 budget, outlining President Biden's tax and spending priorities for...