Apr 16, 2018 | Budgets & Projections
More Than Half of Next Year's Deficit is Congress's Fault
The budget deficit will approach the trillion-dollar mark next year, according to recent projections from the Congressional Budget Office (CBO). Well...
Blog | April 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.
Apr 13, 2018 | Budgets & Projections
Maya MacGuineas: Welcome to the woeful world of free-lunch economics
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...
Apr 12, 2018 | Budgets & Projections
Balancing the Budget Would Take $7 Trillion to $10 Trillion in Savings
The worsening budget outlook means that meeting certain fiscal goals is now much more difficult than it was previously. We estimate that balancing...
Apr 12, 2018 | Budgets & Projections
Debt Could Reach Record Levels in a Decade
The Congessional Budget Office's (CBO) latest budget projections released this week show how much worse recent legislation has made the fiscal...
Apr 11, 2018 | Taxes
Factchecking the Senate Budget Committee Hearing with CBO
At least two claims in Wednesday's Senate Budget Committee hearing with Congressional Budget Office (CBO) Director Keith Hall merit fact checking....
Apr 9, 2018 | Budgets & Projections
New From CBO: Trillion-Dollar Deficits Will Return In Two Years
The Congressional Budget Office (CBO) just released its latest baseline projections – the first since last June and the first to incorporate the...
Apr 6, 2018 | Budgets & Projections
Baseline 101: Anticipating CBO's Updated Budget Outlook
The Congressional Budget Office (CBO) will release its 2018 Budget and Economic Outlook on April 9, which is likely to project sustained trillion-...
Apr 6, 2018 | Other Spending
Did the Last Farm Bill Really Save $100 Billion?
The 2014 farm bill is set to expire on September 30, at which point lawmakers will need to renew and perhaps reform farm subsidy and nutrition...
Apr 5, 2018 | Other Spending
The Omnibus Spent More than Either Side Asked For
The Bipartisan Budget Act of 2018 (BBA) increased this year's discretionary spending caps by a whopping $143 billion, paving the way for a 13 percent...