Jun 25, 2019 | Other Spending
Appropriations Watch: FY 2020
Congress began appropriations work for FY 2020 in March and started to release individual appropriations bills in May. Under current law,...
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.
Jun 25, 2019 | Economics
Maya MacGuineas: America's Biggest Weakness is No Big Secret
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...
Jun 25, 2019 | Budgets & Projections
CBO Releases 2019 Long-Term Outlook
The Congressional Budget Office (CBO) just released its 2019 Long-Term Outlook, again confirming the budget’s unsustainable long-term trajectory....
Jun 25, 2019 | Taxes
Repealing SALT Caps Would Cost Another $500 Billion
The Ways & Means Subcommittee on Select Revenue Measures is holding two hearings today on limitations to the state and local tax (SALT...
Jun 20, 2019 | Taxes
Tax Extender Package Could Lead to $710 Billion of More Debt
Update 6/24/2019: During markup, the Ways & Means Committee added an amendment further increasing the child tax credit for young children, at an...
Jun 13, 2019 | Health Care
Lawmakers Shouldn't Repeal Cadillac Tax Without Substantial Offsets
A bill to repeal the "Cadillac tax" on high-cost health insurance plans may soon get a vote on the House floor. This tax was an important part of the...
Jun 12, 2019 | Social Security
Event Recap: Disability Policy for the 21st Century
On Thursday, June 6, the Committee for a Responsible Federal Budget and the McCrery-Pomeroy SSDI Solutions Initiative hosted an event on "Disability...
Jun 11, 2019 | Budget Process
Upcoming Congressional Fiscal Policy Deadlines
Updated 6/11/2019: The next two years will include several predictable fiscal policy deadlines that will force congressional action. Many of...
Jun 6, 2019 | Budgets & Projections
CBO: Debt Remains Unsustainable With r < g
The national debt is rising at an unsustainable pace. A factor that helps is interest rates currently being lower than the economic growth rate...
Jun 6, 2019 | Social Security
Watch: Disability Policy for the 21st Century
The McCrery-Pomeroy SSDI Solutions Initiative recently hosted a breakfast and panel discussion on Disability Policy for the 21st Century....
Jun 4, 2019 | Other Spending
House Immigration Bill Should Be Offset
The House is poised to vote on the American Dream and Promise Act (HR 6) that would allow certain immigrants to obtain Lawful Permanent Resident...
Jun 4, 2019 | Budgets & Projections
Judd Gregg: And the threat is...
Judd Gregg, a former Republican senator from New Hampshire, served as chairman of the Senate Budget Committee from 2005 to 2007 and ranking...
May 29, 2019 | Health Care
Senate HELP Committee Releases Discussion Draft to Reduce Health Care Costs
The leaders of the Senate Health, Education, Labor, and Pensions (HELP) Committee recently released the Lower Health Care Costs Act, a discussion...
May 24, 2019 | Other Spending
Lawmakers Should Offset Latest Disaster Relief Package
Yesterday, the Senate voted to appropriate an additional $19 billion in disaster relief to aid the damage caused by wildfires, hurricanes,...
May 23, 2019 | Other Spending
Representative Blumenauer Introduces Bill to Shore Up the Highway Trust Fund
Representative Earl Blumenauer (D-OR) has introduced the Rebuild America Act, which would raise the excise taxes on gasoline and diesel fuel...
May 20, 2019 | Budgets & Projections
Maya MacGuineas: Federal Disaster Funding Doesn't Have To Be An Emergency
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...
May 17, 2019 | Budget Process
Hearing Recap: Fixing a Broken Budget and Spending Process – Perspectives of Two Former Chairmen
The Senate Budget Committee began a series of hearings on reforming the budget process on May 15. The first hearing, “Fixing a Broken Budget and...
May 15, 2019 | Other Spending
Gimmick Alert: Congress Considering Increasing Spending Through Harbor Maintenance Maneuver
Having already used the war spending designation and fake mandatory savings to get around discretionary spending caps, lawmakers are turning to...
May 15, 2019 | Other Spending
Options to Offset An Infrastructure Package
A meeting between Democratic Congressional leaders and President Trump a few weeks ago raised the possibility of an infrastructure package. The...
May 13, 2019 | Budget Process
WATCH: Conrad and Gregg Testify Before Senate Budget Committee
Two former Senate Budget chairmen are testifying today before the Senate Budget Committee on the failures of the current budget process and the...
