Committee for a Responsible Federal Budget
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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.

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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...
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-...
Health Care_Paperwork
Aug 29, 2017 | Health Care

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

As policymakers move on from the "repeal and replace" debate on the Affordable Care Act (ACA or "Obamacare"), one of the subjects that repeatedly...
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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Aug 10, 2017 | Health Care

Problem Solvers Caucus Finds Bipartisan Compromise on Health Care

The bipartisan Problem Solvers Caucus last week released a plan to stabilize the individual insurance market and make other changes to health care...
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Aug 10, 2017 | Budget Process

House and Senate Move Forward on FY 2018 Appropriations

The appropriations season is moving forward before Congress has passed a budget. Below, we explain how that can happen. Typically, Congress is...
Maya MacGuineas
Aug 9, 2017 | Budget Process

Maya MacGuineas: Take It from a Fiscal Hawk: Raise the Debt Ceiling

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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Aug 1, 2017 | Taxes

Maya MacGuineas: 31 Years Later, Tax System Stuck in the 'Danger Zone'

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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Aug 1, 2017 | Health Care

CBO: Drug Importation Saves $1 Billion Per Year

A recently overlooked part of the health reform debate has been how to control rising costs. One way to do so would be to lower the price of...
Jul 28, 2017 | Health Care

Trustees' Report Confirms Medicare Cannot Be Ignored Much Longer

Though health care has been a hot topic in Washington this year, Medicare has been conspicuously absent from the debate despite being the largest...
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Jul 26, 2017 | Health Care

Comparing "Repeal and Replace" Bills

Note (7/27/17): This blog has been updated to reflect the Congressional Budget Office's score of a hypothetical "skinny repeal" bill with additional...
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Jul 25, 2017

Scoring "Skinny Repeal"

Update (7/27/2017): This analysis is now out of date. The Congressional Budget Office (CBO) released a score of a hypothetical "skinny repeal" bill....
Jul 24, 2017 | Budgets & Projections

Mike Murphy: House Budget Rightfully Recognizes Threat of Oversized Debt

Mike Murphy, the Chief of Staff and Director of Strategic Initiatives at the Committee for a Responsible Federal Budget, wrote an op-ed that is...
Jul 21, 2017 | Budgets & Projections

$200 Billion in Mandatory Savings Should Not Be Too Difficult

One of the debates preceding the House Budget resolution was whether the resolution should call for $200 billion of mandatory savings. This week's...
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Jul 20, 2017 | Health Care

CBO's Score of the Latest Senate Health Bill

The Congressional Budget Office (CBO) released its updated score of the Better Care Reconciliation Act of 2017 (BCRA). This version includes...

Options for Meeting the House Budget's Reconciliation Instructions

The Fiscal Year (FY) 2018 House budget resolution includes reconciliation instructions requiring 11 House committees to report legislation that...
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Jul 19, 2017 | Health Care

Resources on the Evolving Health Care Debate

With the Better Care Reconciliation Act (BCRA) losing support in the Senate on Monday evening, Senate Majority Leader Mitch McConnell (R-KY)...