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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.

Mar 3, 2020 | Taxes

How Much Does a Payroll Tax Holiday Cost?

President Trump tweeted support for a one-year payroll tax cut Monday evening, saying: The Democrats in the House should propose a very simple...
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Mar 2, 2020 | Health Care

How Will Candidate Plans Affect Total Health Costs?

We recently updated our estimates of the budgetary impacts of health care reform plans put forward by 2020 presidential candidates Joe Biden,...
Feb 28, 2020 | Budget Process

Event Recap: Better Budget Process Summit: Building Momentum for Meaningful Reform

On February 25, the Committee for a Responsible Federal Budget hosted the second Better Budget Process Summit on "Building Momentum for Meaningful...
Feb 28, 2020 | Other Spending| Taxes

Pete Buttigieg's Climate Change Plan

Democratic presidential candidate and former South Bend, Indiana Mayor Pete Buttigieg has proposed a climate change plan with an end goal of getting...
Feb 26, 2020 | Health Care

New Infographics on 2020 Candidates' Health Plans

We have updated these infographics – originally published on February 7 – to reflect a new set of proposals released on February 24 by Senator...
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Feb 25, 2020 | Budget Process

Watch: 2020 Better Budget Process Summit - Building Momentum for Meaningful Reform

The Committee for a Responsible Federal Budget hosted the “2020 Better Budget Process Summit: Building Momentum for Meaningful Reform.” The event...
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Feb 24, 2020 | Other Spending

Bernie Sanders's Plan for Universal Child Care and Pre-K Education

Democratic presidential candidate Senator Bernie Sanders (I-VT) today unveiled his plan to provide free universal child care and pre-kindergarten...
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Feb 20, 2020 | Budgets & Projections

Debt Will Likely Rise, Not Fall, Under the President's Budget

According to the Office of Management and Budget (OMB), the President’s Fiscal Year (FY) 2021 budget would reduce debt from 80 percent of Gross...
Feb 12, 2020 | Other Spending

Bill Advances to Combat Improper Payments

Congress recently passed a bipartisan bill sponsored by Senator Tom Carper (D-DE) to improve efforts to identify and reduce improper payments across...
Feb 12, 2020 | Budgets & Projections

Spending Has Increased $800 Billion Under President Trump

President Trump's Fiscal Year (FY) 2021 budget calls for about $3.2 trillion in net deficit reduction over the next decade by our estimate, including...
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Feb 12, 2020 | Budgets & Projections

Interest Costs Will More Than Double Over the Next Decade

The Congressional Budget Office's (CBO) latest budget projections show interest on the national debt remains the fastest growing category of the...
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The President's Budget Saves Medicare $600 Billion While Reducing Out-of-Pocket Costs

Last year, numerous politicians and outlets repeated the false and misleading claim that the President’s FY 2020 budget cut Medicare benefits by $845...
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Feb 10, 2020 | Budgets & Projections

An Overview of the President’s FY 2021 Budget

Moments ago, President Trump released his Fiscal Year (FY) 2021 budget proposal, outlining his tax and spending proposals and their effects on the...

Amy Klobuchar’s Plan to “Govern with Fiscal Responsibility”

Democratic presidential candidate Senator Amy Klobuchar (D-MN) put forward a Plan for the Future of Work and a Changing Economy in December...
Feb 4, 2020

Play Debt-O During State of the Union 2020!

Tonight, President Donald Trump will give his third State of the Union Address at 9 p.m. EST. During the address, we will be live tweeting, providing...
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Jan 31, 2020 | Budget Process

Senator Sinema Introduces Fiscal State of the Nation Resolution

This week, Senator Kyrsten Sinema (D-AZ), along with Senators Joni Ernst (R-IA), Jacky Rosen (D-NV), and Angus King (I-ME), introduced a...
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Jan 31, 2020 | Other Spending

BPC Releases Recommendations on Reforming Federal Higher Education Support

The Bipartisan Policy Center (BPC) Task Force on Higher Education Financing and Student Outcomes recently released a report outlining 45...
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Jan 31, 2020 | Budgets & Projections

GAO: Fiscal Sustainability Is a Growing Concern for Some Key Federal Trust Funds

Last week, the Government Accountability Office (GAO) released a report on the financial health of the nation’s federal trust funds. Requested by...
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Jan 28, 2020 | Budgets & Projections

CBO's Budget Projections Show Deteriorating Fiscal Outlook

The Congressional Budget Office (CBO) just released its latest Budget and Economic Outlook, which shows trillion-dollar deficits returning...
Sen. Bernie Sanders
Jan 22, 2020 | Other Spending

Have We Spent Trillions on Wars?

Presidential candidate Senator Bernie Sanders (I-VT) claimed at the presidential debate last week that the wars in the Middle East "have cost us...

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