Feb 28, 2017 | Other Spending
Is Trump Proposing One of the Largest Defense Increases in History?
In his joint address to Congress, President Trump said, "I am sending the Congress a budget that rebuilds the military, eliminates the defense...
Blog | February 2017
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.
Feb 28, 2017 | Budgets & Projections
Join CRFB as We Live Tweet the President's Address to Congress
President Trump will give his first address before a joint session of Congress tonight at 9 PM Eastern time. CRFB will be live tweeting the speech,...
Options to Replace the ACA Cadillac Tax
As policymakers debate repealing and replacing the Affordable Care Act (ACA or "Obamacare"), disagreement remains over how to address the ACA's "...
Feb 17, 2017 | Health Care
The House GOP's Plan for Obamacare Replacement
During a press conference on Thursday, Speaker of the House Paul Ryan (R-WI) previewed the House GOP plan that would repeal and replace substantial...
Feb 16, 2017
Daniels: National Debt is the Biggest Transcendent Issue We Face
CRFB Co-chair Mitch Daniels spoke with Bloomberg's David Westin on "Bloomberg Daybreak: Americas" today. He said that...
Feb 10, 2017 | Budget Process
Renacci, Kilmer, and Bipartisan Working Group Propose Bill Highlighting the “Fiscal State of the Nation”
Hoping to inspire a fiscal “wake-up call” in the new session of Congress, Representatives Jim Renacci (R-OH), Derek Kilmer (D-WA), and 40...
Feb 9, 2017 | Budgets & Projections
Three Trust Funds Face Insolvency in the Next Eight Years
We have made clear that President Trump faces a challenging fiscal situation now that he has entered office. As we laid out, part of that situation...
Feb 6, 2017 | Budget Process
Congressman Renacci Introduces “Budget Enforcement Awareness Resolution”
Last month, Representative Jim Renacci (R-OH) introduced the “Budget Enforcement Awareness Resolution” in order to “restore...
Feb 3, 2017 | Budgets & Projections
What's Needed to Balance the Budget and Meet Other Fiscal Goals
With debt projected to rise from 77 percent of GDP today to 89 percent by the end of the decade, our latest estimates find that fixing the debt is...
Feb 1, 2017 | Budgets & Projections
How Alternative Policies Could Push Debt Higher
The Congressional Budget Office's (CBO) Budget and Economic Outlook shows debt rising from its current level of 77 percent of Gross Domestic...