Committee for a Responsible Federal Budget
Washington Monument

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.
Concept_Health Care_Senior

How Much Would the President's Budget Extend Medicare Solvency?

The Medicare Hospital Insurance (HI) trust fund is only five years from insolvency according to both the Congressional Budget Office (CBO) ...
Spending_Transportation_Highway
Jun 9, 2021 | Other Spending

Senate Finance Committee Hearing Highlights Need to Secure Highway Trust Fund

The Senate Finance Committee held a hearing last month titled “Funding and Financing Options to Bolster American Infrastructure,” covering the need...
Jun 8, 2021 | Other Spending| Economics

COVID Relief Continues to Bolster Personal Income

New data from the Bureau of Economic Analysis (BEA) for the month of April shows that disposable personal income (DPI) was 12.0...
Concept_DC_White House
Jun 7, 2021 | Budgets & Projections

Maya MacGuineas: Biden's Budget Reflects His Priorities, but Leaves Debt Unchecked

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 ...
Social Security_Card_Layered
Jun 4, 2021 | Social Security

Time is Running Out to Save Social Security

Social Security, the nation's largest and arguably most important government program, is only a few years from insolvency. Economists Jeffrey...
Concept_DC_White House
Jun 4, 2021 | Budgets & Projections

Breaking Down the Proposals in the President's FY 2022 Budget

Last week, the Biden Administration released its first full budget, laying out its proposals for Fiscal Year (FY) 2022 and the subsequent decade...
Concept_Debt

Partial Student Debt Cancellation is Poor Economic Stimulus

Last year, we estimated that fully canceling student debt would produce eight to 23 cents of economic activity for every dollar of cost and...
Spending_Transportation_Highway
Jun 2, 2021 | Other Spending

Bipartisan Senate Highway Bill Needs Offsets

The Senate Environment and Public Works (EPW) Committee recently marked up and unanimously passed a bipartisan highway reauthorization bill...
Concept_Budget
May 28, 2021 | Budgets & Projections

An Overview of the President’s FY 2022 Budget

Moments ago, President Joe Biden unveiled his Fiscal Year (FY) 2022 budget proposal, outlining his tax and spending proposals and their effects on...
Vice President Joe Biden speaking
May 26, 2021 | Budgets & Projections

What We Hope to See in the President's FY 2022 Budget

The White House is slated to release President Biden’s first full budget proposal this Friday. Although the Fiscal Year (FY) 2022 budget request will...

Pages