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.
Debt Surpasses Size of the Economy
The national debt exceeded 100% of Gross Domestic Product (GDP) last month, based on new economic data released by the Bureau of Economic Analysis...
Appropriations Watch: FY 2026
Updated 4/24/26: The Department of Homeland Security (DHS) has been shut down since February 14, due to disagreements around funding for Immigration...
Waiting To Rescue Social Security Has Weakened Our Options
Social Security’s retirement trust fund is less than seven years from insolvency, at which point beneficiaries face the prospect of a 24% benefit cut...
What’s in the Senate FY 2026 Budget Resolution?
The Senate adopted its Fiscal Year (FY) 2026 budget resolution last night, kicking off the reconciliation process. Unfortunately, the budget is about...
1% Higher Interest Rates Add $3.5 Trillion in Debt
Interest costs will exceed $1 trillion this year and have nearly tripled from $345 billion in Fiscal Year (FY) 2020. By FY 2036, the Congressional...
Senator Wyden Introduces Tax Week Revenue-Raisers
Senator Ron Wyden (D-OR), the Ranking Member of the Senate Finance Committee, introduced five bills this week to close tax loopholes, improve tax...
Trump CEA Projections Tracker
Before the passage of the One Big Beautiful Bill Act (OBBBA), the White House Council of Economic Advisers (CEA) released economic and fiscal...
Recent Metal Tariff Changes Will Lose $90 Billion, Instead of Raising Revenue
On April 2 the Administration issued a proclamation adjusting tariffs on imports of aluminum, steel, and copper. Contrary to the initially reported...
House Budget Committee Examines 3% Deficit-to-GDP Target
On March 26, 2026, the House Budget Committee held a hearing titled “The Best Metric to Reverse the Curse: A 3% Deficit-to-GDP Path to Fiscal...
Inflation Spikes to Highest in Nearly Two Years
The Consumer Price Index (CPI) increased a massive 0.9% in March, driven largely by rising energy prices, and is up 3.3% over the past year – putting...
Recap: Maya MacGuineas Testifies Before Senate Finance Subcommittee
On March 11, the Senate Finance Subcommittee on Fiscal Responsibility and Economic Growth held a hearing titled “The Fiscal Outlook: 2027-2036.” The...
Event Recap: Boomerang: Wealth, Retirement, and the Generational Divide
On April 8, the Committee for a Responsible Federal Budget hosted Boomerang: Wealth, Retirement, and the Generational Divide. This Trust Fund...