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.
Ways and Means to Hold Hearing on Social Security 2100 Act
The House Ways and Means Committee will hold a hearing on Social Security Subcommittee Chairman John Larson’s (D-CT) Social Security 2100 Act (SS2100)...
Five Reasons to Oppose the Budget Deal
Congressional leaders and the President announced a proposed budget deal yesterday to raise the caps on discretionary spending for Fiscal Years (FY)...
Proposed Budget Agreement Could Cost $1.7 Trillion
Update: A Congressional Budget Office (CBO) score of the deal shows that the offsets are $55 billion rather than $77 billion as reported in the press...
Watch: What Should We Do About the Zombie Tax Extenders?
The Committee for a Responsible Federal Budget hosted a lunch and panel discussion on What Should We Do About the Zombie Tax Extenders? The...
Ways and Means Tax Package Could Cost Over $900 Billion Now
Last month, the House Ways and Means Committee approved a tax package that would revive and extend several tax extenders through 2020 and dramatically...
Maya MacGuineas: No budget. On the brink of default. It's a hell of a way to run a country.
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...
CBO's Long-Term Debt Outlook Improved Slightly from Last Year, Here's Why
In its latest Long-Term Budget Outlook, the Congressional Budget Office (CBO) projects debt held by the public will rise from over 78 percent of Gross...
Are There $1.6 Trillion in Tax Loopholes?
Former Vice President and 2020 presidential candidate Joe Biden told the Rainbow PUSH Coalition Convention on June 28 that the tax code contains $1.6...
New Pension Bill Adds Too Much to the Debt
The House Ways and Means Committee is considering pension reform legislation that CBO estimates will add $ 64 billion to deficits over the next ten...
Gene Steuerle: Alice Rivlin: The George Washington of the Congressional Budget Office
Alice Rivlin, who passed away on May 14, was among the greatest public servants of the modern era.
Saving Social Security and Medicare Could Help Fix the Debt
The Congressional Budget Office's (CBO) Long-Term Budget Outlook shows debt rising continuously as a share of the economy over the next 30 years and...
David Walker: It is time to confront fiscal failure
David Walker is a former Comptroller General of the United States (head of the U.S. Government Accountability Office) and past board member of the...