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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.

Quick Take: Social Security & Medicare Headed For Insolvency in 16 & 7 Years

The Social Security and Medicare Trustees have released their reports on the financial state of their programs. Both reports show the programs need...
Apr 18, 2019 | Budgets & Projections

GAO: "Federal Government Is on an Unsustainable Fiscal Path"

The Government Accountability Office (GAO) recently released its long-term budget projections, and, like other forecasts, it projects that debt will...
Maya MacGuineas
Apr 16, 2019 | Taxes

Maya MacGuineas & Ed Rendell: Tax Day Trauma: Paying for Our Massive National Debt

Maya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. Governor Ed Rendell is the...
Concept_DC_Capitol Building
Apr 12, 2019 | Budgets & Projections

Maya MacGuineas and Mike Murphy: Disastrous Record Deficits Threaten US Future

Maya MacGuineas is president of the Committee for a Responsible Federal Budget and Mike Murphy is director of the Committee's new initiative, FixUS....
Apr 9, 2019 | Other Spending

House Spending Plan Would Increase Discretionary Spending to Record Levels

The House Budget Committee proposal to raise the caps on discretionary spending would add over $2 trillion in projected debt over the next...
Apr 5, 2019 | Other Spending

House Spending Bill Would Cost Twice as Much as Sequester Repeal

Defenders of the House spending bill have argued that despite its $2.1 trillion debt impact, it is necessary to prevent the return of sequester-level...
Apr 5, 2019 | Other Spending

New Budget Cap Plan Would Cost As Much As the Tax Cuts

Earlier this week, the House Budget Committee reported a bill – the Investing for the People Act of 2019 – that would increase current law caps on...
Apr 2, 2019 | Other Spending

Proposed Budget Plan Would Cost Over $2 Trillion

In lieu of a budget resolution, the House Budget Committee has put forward a bill to increase discretionary spending caps by $358 billion over...
Apr 1, 2019 | Budgets & Projections

Last Year Was the Only Where Congress Did Not Vote On a Budget

Last year was a historically bad year for the Congressional budget process. Since 1976, it was the first time that neither the Senate or House voted...
Mar 29, 2019 | Economics

Was the Federal Reserve’s Monetary Tightening Unprecedented?

In a Wall Street Journal op-ed, House Ways and Means Committee Ranking Member Kevin Brady (R-TX) and former National Economic Council...