Committee for a Responsible Federal Budget
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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.

Sep 18, 2017 | Taxes

Gene Steuerle: How To Design Tax Reform: 8 Lessons From 1986

Dr. Eugene (Gene) Steuerle is the Richard B. Fisher chair and Institute Fellow at the Urban Institute and a member of the Committee for a Responsible...
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Sep 18, 2017 | Taxes

Maya MacGuineas: Revenue Neutral, Gimmick Free Tax Reform Is Hard -- And Worth It

Maya MacGuineas is president of the nonpartisan Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently...
Maya MacGuineas
Sep 15, 2017 | Budgets & Projections

Maya MacGuineas: $20 Trillion in National Debt Is a Big Deal

Maya MacGuineas is president of the nonpartisan Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently...
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Sep 14, 2017 | Other Spending

Appropriations Watch: FY 2018

Last updated 9/14/2017. The House (by a 316-90 vote) and Senate (by a 80-17 vote) voted last week on a continuing resolution which funds the...
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Sep 14, 2017 | Budgets & Projections

Why Did Debt Jump $318 Billion in One Day?

On September 8, 2017, gross U.S. debt increased almost $318 billion after President Trump signed legislation temporarily suspending the debt limit as...
Sep 12, 2017 | Health Care

Sanders to Introduce Single-Payer Bill – How Much Will It Cost?

Tomorrow, Senator Bernie Sanders (I-VT) is expected to introduce a single-payer health care bill (“Medicare for All”). The legislation also has...
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Sep 11, 2017 | Budget Process

Maya MacGuineas: Don’t Get Rid of the Debt Ceiling. Reform It.

Maya MacGuineas is president of the nonpartisan Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently...
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Sep 11, 2017 | Budgets & Projections

FY 2018 Budget Resolution Resources

This blog has been updated to reflect new publications as of 10/16/17. Budget season is underway as part of a busy fall on Capitol Hill. Below are...
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Sep 11, 2017 | Budgets & Projections

The Republican Study Committee's Budget "Securing America's Future Economy"

As the House and Senate move forward in considering the Fiscal Year (FY) 2018 budget over the next few weeks, the Republican Study Committee (RSC)...
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Sep 8, 2017 | Social Security| Economics

Are Today's Seniors Facing a "Retirement Crisis?" Not Really

Numerous headlines have claimed that we are facing a “retirement crisis,” and that most Americans are not saving enough to maintain their standard of...
Sep 6, 2017 | Budgets & Projections

Ed Rendell and Judd Gregg: Playing Politics with the Nation’s Financial Future

Ed Rendell and Judd Gregg are co-chairs of the Fix the Debt Campaign, a project of CRFB. Judd Gregg, a former Republican senator from New...
Maya MacGuineas
Sep 5, 2017 | Taxes

Maya MacGuineas: GOP Considering a Half-Trillion-Dollar Tax-Reform Trick

Maya MacGuineas is president of the nonpartisan Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently...
Sep 5, 2017 | Economics

Marc Goldwein: National Debt: Yes, Rising Annual Deficits Threaten the U.S. Economy

Marc Goldwein is the senior vice president and senior policy director of the Committee for a Responsible Federal Budget. He recently wrote a column...
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Aug 31, 2017 | Economics

Does 3% Growth Mean We Can Go Much Higher?

Yesterday, President Trump gave a speech in which he mentioned that the U.S. economy grew 3.0 percent in the second quarter. While this is a solid...
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Aug 30, 2017 | Taxes

Current Policy Gimmick Would Add Half-Trillion to Debt

Some tax cutters would like tax reform to embrace a troubling budget gimmick: a current policy baseline. Congressional leaders have set a revenue-...
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Aug 29, 2017 | Health Care

The ACA's Cost-Sharing Reductions (CSRs): A Primer

On October 13, the Trump Administration announced that it would no longer make cost-sharing reduction (CSR) payments as of October 18. Below is our...
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Aug 24, 2017 | Budgets & Projections

The Fed's Effect on Deficits and Debt

As monetary policy watchers descend upon Jackson Hole, Wyoming, for the Federal Reserve Bank of Kansas City’s annual economic policy symposium, we...
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Aug 23, 2017 | Other Spending

Are We Spending Billions of Dollars More on the Military?

During his speech detailing his new strategy for Afghanistan, President Trump said, "Under my administration, many billions of dollars more is being...
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Aug 16, 2017 | Taxes| Economics

Do Retroactive Tax Cuts Do Much to Boost Economic Growth?

As talk of tax reform heats up, some are calling for tax cuts to be made retroactive. An article in The Hill reports that Representative Mark Meadows...
Aug 14, 2017 | Social Security

Social Security's 82nd Birthday

Today, the Social Security program turns 82 years old. Social Security helps millions of Americans, and the program has a lot to celebrate. But the...

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