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 & Ed Rendell: Tax Day Trauma: Paying for Our Massive National Debt
Maya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. Governor Ed Rendell is the...
Maya MacGuineas and Mike Murphy: Disastrous Record Deficits Threaten US Future
Maya MacGuineas is president of the Committee for a Responsible Federal Budget and Mike Murphy is director of the Committee's new initiative, FixUS...
House Spending Plan Would Increase Discretionary Spending to Record Levels
The House Budget Committee proposal to raise the caps on discretionary spending would add over $2 trillion in projected debt over the next decade...
House Spending Bill Would Cost Twice as Much as Sequester Repeal
Defenders of the House spending bill have argued that despite its $2.1 trillion debt impact, it is necessary to prevent the return of sequester-level...
New Budget Cap Plan Would Cost As Much As the Tax Cuts
Earlier this week, the House Budget Committee reported a bill – the Investing for the People Act of 2019 – that would increase current law caps on...
Proposed Budget Plan Would Cost Over $2 Trillion
In lieu of a budget resolution, the House Budget Committee has put forward a bill to increase discretionary spending caps by $358 billion over the...
Last Year Was the Only Where Congress Did Not Vote On a Budget
Last year was a historically bad year for the Congressional budget process. Since 1976, it was the first time that neither the Senate or House voted...
Was the Federal Reserve’s Monetary Tightening Unprecedented?
In a Wall Street Journal op-ed, House Ways and Means Committee Ranking Member Kevin Brady (R-TX) and former National Economic Council director Larry...
Tyler Evilsizer: Fiscal Negligence of Recent Congresses Must Be Dealt With Now
Tyler Evilsizer is deputy policy director at the Committee for a Responsible Federal Budget. He recently wrote an opinion piece for The Hill , an...
Senate Budget Committee Sets the Stage for Responsible Budget Deal
Senate Budget Committee Chairman Mike Enzi (R-WY) has released his Chairman's Mark for the FY 2020 budget resolution, covering the next five fiscal...
The White House Projects the Debt Will Fix Itself
The Trump Administration has touted its recent FY 2020 President’s Budget as balancing the budget in just 15 years. However, additional budget...
Three-Fifths of This Year's Deficit is Policymakers' Fault
The budget deficit will be almost $900 billion this year according to projections from the Congressional Budget Office (CBO). By our estimates, 60...