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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.

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Where Does the Higher Spending in the Omnibus Go?

Policymakers recently announced an omnibus appropriations bill to fund the government for the remaining six months of Fiscal Year 2018. The bill...
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Mar 21, 2018 | Budgets & Projections

Rising Rates Could Further Balloon Interest Spending

The Federal Open Market Committee just announced its decision to further raise the federal funds rate by 0.25 percentage points to 1.5-1.75 percent....
Maya MacGuineas
Mar 16, 2018 | Budgets & Projections

Maya MacGuineas: America's Debt Crisis is Coming – Interest Payments Will Hit a Trillion Dollars a Year

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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Mar 15, 2018 | Budget Process

Budget Process Reform Options

With the appointment of the Joint Select Committee on Budget and Appropriations Process Reform, focus is rightfully on how to fix our...
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Mar 15, 2018 | Budgets & Projections

Interest Spending Is On Course to Quadruple

The fastest growing part of the federal budget is interest on the debt – payments made to service previous borrowing. While interest had already...
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Mar 14, 2018 | Taxes

WATCH: MacGuineas Testifies Before Ways & Means Tax Policy Subcommittee

Maya MacGuineas, president of the Committee for a Responsible Federal Budget, testified before the House Ways and Means Tax Policy Subcommittee on...
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Mar 13, 2018 | Budgets & Projections

WATCH: MacGuineas Testifies Before House Budget Committee

Maya MacGuineas, president of the Committee for a Responsible Federal Budget, testified before the House Budget Committee on CBO Oversight on...
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Mar 13, 2018

Maya MacGuineas to Testify Before Two Congressional Committees on Wednesday

Committee for a Responsible Federal Budget president Maya MacGuineas will testify before two House Committees on Wednesday, March 14 on two important...
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Mar 9, 2018 | Other Spending

Maya MacGuineas: Federal Budget Increasingly Tilted Against Investment in Children

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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Mar 2, 2018 | Health Care

The President's Budget Proposes Smart Health Savings

Much of the health care discussion in President Trump's FY 2019 budget has focused on his $700 billion plan to repeal and replace the Affordable Care...
Mar 2, 2018 | Budget Process

Event Recap: Better Budget Process Summit

On February 26, the Committee for a Responsible Federal Budget hosted the first annual Better Budget Process Summit on “Rebuilding Confidence in...
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Feb 26, 2018 | Budget Process

WATCH: The Better Budget Process Summit

On February 26, the Committee for a Responsible Federal Budget hosted the first annual Better Budget Process Summit. This year’s summit featured an...
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Does the President's Budget Slash Social Security and Medicare?

Several lawmakers have claimed that President Trump's latest budget would "slash," "gut," and "devastate" Social Security, Medicare, and Medicaid. It...
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Feb 15, 2018 | Budgets & Projections

Debt Could Be 20 Percent of GDP Higher than President's Budget Claims

The Congressional Budget Office (CBO) typically publishes its own estimate of the President's budget about a month after the budget's initial release...
Feb 14, 2018 | Budget Process

A Short Primer on the Congressional Budget Office

With the House and Senate recently undergoing oversight hearings of the Congressional Budget Office (CBO), it's helpful to remember what CBO is and...
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Feb 12, 2018 | Budgets & Projections

An Overview of the President's FY 2019 Budget

Moments ago, President Trump released his Fiscal Year (FY) 2019 budget proposals, outlining his tax and spending proposals for the next decade. We...
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Feb 9, 2018 | Budget Process

MacGuineas to Senate Subcommittee: Budget Process Reform Needed

The Senate Homeland Security and Governmental Affairs Subcommittee on Federal Spending Oversight and Emergency Management held a hearing on Tuesday,...
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Bipartisan Budget Act Means the Return of Trillion-Dollar Deficits

Lawmakers have passed a budget deal that will increase deficits by $320 billion over a decade or almost $420 billion with interest and sets the stage...
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Feb 8, 2018 | Other Spending

Budget Deal Would Bust Original BCA Caps

The budget deal currently being considered by Congress would increase discretionary spending caps over the next two years by $165 billion for defense...
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Budget Deal Could Ultimately Add $2 Trillion in Debt

The budget deal lawmakers have agreed to would increase discretionary spending above and beyond repeal of the sequester and the caps set in law under...

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