The Deficit Is Not "Coming Down Rapidly"
This morning, White House National Economic Council Director Larry Kudlow appeared on Fox Business and made the following claim (emphasis added...
Blog | June 2018
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.
Jun 28, 2018 | Health Care
Concerned Actuaries Group Publishes New Analyses on Health Care System’s Sustainability
Last month, the Committee for a Responsible Federal Budget and the Concerned Actuaries Group launched the American Health Care Initiative, a...
Jun 28, 2018 | Budget Process
CBO is Pretty Good at Estimating Spending
In March 2016, CBO estimated the federal government would spend $4.06 trillion for fiscal year (FY) 2017 – a number that would increase to $4.08...
Jun 26, 2018 | Budgets & Projections
CBO Releases 2018 Long-Term Outlook
The Congressional Budget Office (CBO) just released its annual Long-Term Budget Outlook, which shows the United States is on an unsustainable fiscal...
Jun 21, 2018 | Budgets & Projections
How the House Could Meet the Budget Resolution's Reconciliation Instructions
The FY 2019 House budget resolution calls for $6.5 trillion of policy savings over ten years, but the true action is in the reconciliation...
Jun 21, 2018 | Budget Process
Maya MacGuineas: Rescission Fight About Much More than a Few Billion Dollars
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 ...
Jun 21, 2018 | Other Spending
Did the U.S. Really Spend $7 Trillion on Middle Eastern Wars?
In a roundtable in Minnesota yesterday, President Donald Trump claimed "we have $7 trillion in the Middle East", a rephrasing of his previous claims...
Jun 20, 2018 | Budgets & Projections
Goldman Sachs Warns that the US Fiscal Outlook is “Not Good”
In a report released last month by Goldman Sachs, Chief Economist Jan Hatzius describes the U.S. fiscal outlook as “not good.” If left unchanged...
Jun 19, 2018 | Budgets & Projections
Summarizing the FY 2019 House Budget Resolution
House Budget Committee Chairman Steve Womack (R-AR) released his Chairman's Mark of the House FY 2019 budget resolution. The budget resolution calls...
Jun 18, 2018 | Other Spending
Options for the Pension Committee to Consider
As we recently explained, proposals from the Joint Select Committee on Solvency of Multiemployer Plans could include considerable costs. The Joint...