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 Surges With Extensions
Based on new estimates from the Congressional Budget Office (CBO), debt could reach 132 percent of Gross Domestic Product (GDP) by Fiscal Year (FY)...
Congressionally Approved Ukraine Aid Totals $175 Billion
With the recent passage of the national security supplementals, Congress has now approved nearly $175 billion of aid and military assistance to...
Interest Costs Just Surpassed Defense and Medicare
In the first seven months of Fiscal Year (FY) 2024, spending on net interest has reached $514 billion, surpassing spending on both national defense (...
Upcoming Congressional Fiscal Policy Deadlines
Updated 5/10/2024: The Senate cleared a one-week Federal Aviation Administration extension on May 9, following House passage under suspension of the...
Event Recap: The Trustees' Reports on the Social Security and Medicare Trust Funds
On May 7, the Committee for a Responsible Federal Budget hosted a virtual event to discuss the status of the Medicare and Social Security Trust Funds...
Deficit Totaled $1.7 Trillion Over the Past Year
The federal budget deficit totaled $1.7 trillion over the past 12 months, down $32 billion from the 12-month rolling deficit ending in March and down...
How Much Would Student Loan “Hardship” Provision Cost?
We recently estimated the President’s new student debt cancellation plan would cost between $250 billion and $750 billion over a decade, and have...
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...