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Blog | October 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.
Oct 26, 2018 | Economics

3rd Quarter Growth of 3.5 Percent is Good News, But Doesn't Reflect a Sustained Boost

The Bureau of Economic Analysis (BEA) today announced its initial estimate that the economy grew at a 3.5 percent annualized rate in the...
Oct 25, 2018 | Health Care

Marc Goldwein and Mark Litow: The fate of American health-care reform is on the ballot this November

Marc Goldwein is the senior vice president and senior policy director for the Committee for a Responsible Federal Budget, and Mark Litow is the...

WATCH: Budgeting for the Next Generation

The Committee for a Responsible Federal Budget will host a lunch and panel discussion on Budgeting for the Next Generation on Capitol Hill beginning...
Maya MacGuineas
Oct 19, 2018 | Budgets & Projections

Maya MacGuineas: Massive Deficit Was Totally Predictable & Self-Imposed

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 ...
Concept_Debt
Oct 18, 2018 | Budgets & Projections

Moody's: Widening Deficit Foreshadows Decline in U.S. Fiscal Strength

With last year's deficit growing to $779 billion, Moody's Investors Service yesterday warned that the country's fiscal position is on a "gradual...
Concept_Magnifying Glass
Oct 18, 2018 | Budgets & Projections

Are Defense and Disasters Causing the Deficit Increase?

When asked about the increasing deficit, President Trump yesterday pointed to defense spending increases and disaster relief. While both of...
Concept_Debt_pennies
Oct 17, 2018 | Budgets & Projections

Riedl Proposes Debt Reduction Plan

Brian Riedl, a senior fellow at the Manhattan Institute, recently released a budget plan to stabilize debt over the long term. The plan proposes...
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Oct 16, 2018 | Other Spending

OMB and Congress Propose New Way to Budget for Federal Buildings

Both lawmakers and administration officials have recently begun advocating for a different approach to funding long-term physical federal investments...
Debt Clock
Oct 15, 2018 | Budgets & Projections

Treasury: 2018 Deficit was $779 Billion

The Treasury Department today released a fiscal year-end report showing that the deficit for FY 2018 increased to $779 billion, a $113...
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Oct 9, 2018 | Budgets & Projections

CBO Shows $782 Billion Deficit for FY 2018

Late last week, the Congressional Budget Office (CBO) released its estimate of the final FY 2018 deficit. CBO estimates that the deficit increased to...