Committee for a Responsible Federal Budget
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Blog | August 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.
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Aug 31, 2017 | Economics

Does 3% Growth Mean We Can Go Much Higher?

Yesterday, President Trump gave a speech in which he mentioned that the U.S. economy grew 3.0 percent in the second quarter. While this is a solid...
Aug 30, 2017 | Taxes

Current Policy Gimmick Would Add Half-Trillion to Debt

Some tax cutters would like tax reform to embrace a troubling budget gimmick: a current policy baseline. Congressional leaders have set a revenue-...
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Aug 29, 2017 | Health Care

The ACA's Cost-Sharing Reductions (CSRs): A Primer

On October 13, the Trump Administration announced that it would no longer make cost-sharing reduction (CSR) payments as of October 18. Below is our...
Aug 24, 2017 | Budgets & Projections

The Fed's Effect on Deficits and Debt

As monetary policy watchers descend upon Jackson Hole, Wyoming, for the Federal Reserve Bank of Kansas City’s annual economic policy symposium, we...
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Aug 23, 2017 | Other Spending

Are We Spending Billions of Dollars More on the Military?

During his speech detailing his new strategy for Afghanistan, President Trump said, "Under my administration, many billions of dollars more is being...
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Aug 16, 2017 | Taxes| Economics

Do Retroactive Tax Cuts Do Much to Boost Economic Growth?

As talk of tax reform heats up, some are calling for tax cuts to be made retroactive. An article in The Hill reports that Representative Mark Meadows...
Aug 14, 2017 | Social Security

Social Security's 82nd Birthday

Today, the Social Security program turns 82 years old. Social Security helps millions of Americans, and the program has a lot to celebrate. But the...
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Aug 10, 2017 | Health Care

Problem Solvers Caucus Finds Bipartisan Compromise on Health Care

The bipartisan Problem Solvers Caucus last week released a plan to stabilize the individual insurance market and make other changes to health care...
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Aug 10, 2017 | Budget Process

House and Senate Move Forward on FY 2018 Appropriations

The appropriations season is moving forward before Congress has passed a budget. Below, we explain how that can happen. Typically, Congress is...
Maya MacGuineas
Aug 9, 2017 | Budget Process

Maya MacGuineas: Take It from a Fiscal Hawk: Raise the Debt Ceiling

Maya MacGuineas is president of the nonpartisan Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently...