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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 21, 2018 | Taxes

No, Really, Tax Revenue Has Not Risen

Update: After the end of the fiscal year, we published an updated version of this piece with final numbers from the Treasury Department. At the...
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Sep 18, 2018 | Budgets & Projections

The Progressive Caucus FY 2019 "People's Budget"

The Congressional Progressive Caucus (CPC) released its “The People’s Budget: A Roadmap for the Resistance” for Fiscal Year (FY) 2019, which calls...
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Sep 13, 2018 | Health Care| Taxes

House to Consider Another $59 Billion of Tax Cuts

The House will likely consider a package of health-related tax cuts this week, separate from the permanent extension of the 2017 tax...
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Sep 12, 2018 | Taxes

Tax Cut Extensions Would Cost $657 Billion

The House Ways and Means Committee on Monday released three bills they are dubbing "Tax Reform 2.0." The biggest of these bills would extend many of...
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Sep 6, 2018 | Health Care

CMS Takes Some Steps to Improve Medicare Payments

Over the past two months, the Center for Medicare and Medicaid Services (CMS) has proposed or issued several new rules aimed at reducing costs and...
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Aug 31, 2018 | Budget Process

We Need Functional, Not Budget-Busting, Bipartisanship

The House and Senate appear to be moving through the appropriations process better and faster than any time in at least the last nine years. Congress...
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Aug 28, 2018 | Economics

CBO Shows Faster Growth Is Important for Fixing the Debt

Strong, sustained economic growth is an important ingredient in putting the debt on a sustainable course. In addition to increasing incomes and...
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Taking a Look at CBO's New Transparency Efforts

The Congressional Budget Office (CBO) has worked hard to improve transparency and accessibility of its data and analysis. Over the past two years,...
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Aug 17, 2018 | Social Security

Rokita Introduces Reforms to SSDI

Our McCrery-Pomeroy SSDI Solutions Initiative shows the importance of improving the Social Security Disability Insurance (SSDI) program and puts...
Aug 17, 2018 | Other Spending

Congress Should Reform NFIP

Authorization for the nation’s primary flood insurance, the National Flood Insurance Program (NFIP), expires November 30. Unless Congress acts to...
Aug 16, 2018 | Taxes

Has Revenue Risen in 2018?

Update: After the end of the fiscal year, we published an updated version of this piece with final numbers from the Treasury Department. The...
Maya MacGuineas
Aug 15, 2018 | Budgets & Projections

Maya MacGuineas: Fiscal Recklessness Puts the Next Crisis on Our Doorstep

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 ...
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CBO Releases New Economic Projections

The Congressional Budget Office (CBO) released new ten-year economic projections today, updating its projections from April. The latest...
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Aug 9, 2018 | Other Spending| Taxes

A Plan to Save the Highway Trust Fund

House Transportation and Infrastructure Committee Chairman Bill Shuster (R-PA) recently introduced a discussion draft of legislation to improve the...
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Aug 8, 2018 | Budgets & Projections

CBO Shows That Policymakers Could Make the Long-Term Outlook Much Worse

The Congressional Budget Office (CBO) today released a look at various long-term budget scenarios. Most notably, the report shows how much more bleak...
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Aug 1, 2018 | Budget Process

Three Measures We Hope the JSC Will Consider

The Joint Select Committee on Budget and Appropriations Process Reform (JSC) has an important opportunity to improve our broken budget process....
Maya MacGuineas
Aug 1, 2018 | Budgets & Projections

Maya MacGuineas: National Debt is About to Roar Back to Life as a Pressing Issue

Maya MacGuineas, president of the Committee for a Responsible Federal Budget, published an op-ed with CNN. An excerpt is below. As a result of...
Jul 30, 2018 | Taxes| Economics

Has the Recent Economic Boom Offset 88% of the Cost of the Tax Cut?

In a Wall Street Journal op-ed shared by the House Ways and Means Committee, Mike Solon of US Policy Metrics makes the argument that thanks to...
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Jul 27, 2018 | Economics

Growth Just Hit 4.1 Percent – Don't Expect It To Last

The Bureau of Economic Analysis today released its initial estimate that the economy grew at a 4.1 percent annualized rate in the second ...
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Jul 26, 2018 | Social Security

Ways and Means Subcommittee Examines Changes to the SSDI Appeals Process

The House Ways and Means Subcommittee on Social Security held a hearing on July 25 regarding changes to the adjudication process for the Social...

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