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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.
May 17, 2019 | Budget Process

Hearing Recap: Fixing a Broken Budget and Spending Process – Perspectives of Two Former Chairmen

The Senate Budget Committee began a series of hearings on reforming the budget process on May 15. The first hearing, “Fixing a Broken Budget and...
May 15, 2019 | Other Spending

Gimmick Alert: Congress Considering Increasing Spending Through Harbor Maintenance Maneuver

Having already used the war spending designation and fake mandatory savings to get around discretionary spending caps, lawmakers are turning to...
May 15, 2019 | Other Spending

Options to Offset An Infrastructure Package

A meeting between Democratic Congressional leaders and President Trump a few weeks ago raised the possibility of an infrastructure package. The...
Kent Conrad and Judd Gregg
May 13, 2019 | Budget Process

WATCH: Conrad and Gregg Testify Before Senate Budget Committee

Two former Senate Budget chairmen are testifying today before the Senate Budget Committee on the failures of the current budget process and the...
May 13, 2019 | Budgets & Projections

Tim Penny & David Minge: Our Trillion-Dollar Problem Deserves Bipartisan Attention

Tim Penny is co-chair and David Minge is a board member at the Committee for a Responsible Federal Budget. Both are former Representatives from the...
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May 10, 2019 | Budget Process

Upcoming Congressional Fiscal Policy Deadlines

Updated 5/10/2019: The next two years will include several predictable fiscal policy deadlines that will force congressional action. Many of...
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May 10, 2019 | Social Security

Event Recap: Unpacking the 2019 Social Security Trustees' Report

On April 26, the Committee for a Responsible Federal Budget hosted a lunch and panel discussion on "Unpacking the Social Security Trustees' Report."...
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May 10, 2019 | Budgets & Projections

IMF: U.S. Continues to Stand Out with Growing Debt

The United States ranks number one among advanced economies in expected increase of debt as a percentage of Gross Domestic...
May 9, 2019 | Budgets & Projections

CBO Releases Its Own Estimate of the President's FY 2020 Budget

The Congressional Budget Office (CBO) has released its estimate of the President's FY 2020 budget. CBO finds that debt in the budget would be on an...
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May 8, 2019 | Taxes

Reviving Expired Tax Extenders Could Cost $150 Billion

For years, Washington has resigned itself to a patchwork of tax policy in place for one or two years at a time, allowing niche temporary...