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...
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.
Oct 16, 2018 | Other Spending
OMB and Congress Propose New Way to Budget for Federal Buildings
UPDATE: Senator Chris Van Hollen (D-MD) introduced a version of this policy on May 27, 2021. Read about his legislation here.
Both lawmakers and...
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...
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...
Sep 28, 2018
CRFB on the Road
Over the last few weeks, we at CRFB and the Campaign to Fix the Debt have been traveling around the country, participating in panels, and doing...
Sep 28, 2018 | Budgets & Projections
A Fiscal Year Defined by $2.4 Trillion In New Debt
Typically, we mark the end of the fiscal year, which will occur on Monday, by reviewing important numbers for the previous fiscal year. This year,...
Sep 27, 2018 | Taxes
JCT: Tax Cuts 2.0 Would Slow Long-Term Economic Growth
The Joint Committee on Taxation (JCT) has released an official dynamic score of "Tax Reform 2.0" – a bill permanently extending last December's tax...
Sep 25, 2018 | Budget Process
Co-Chair Lowey Proposes Reforms to the JSC
The Joint Select Committee on Budget and Appropriations Process Reform (JSC) continues to work on its recommendations, which are due at the end of...
Sep 24, 2018
2018 Annual Dinner: Celebrating our Commitment to Fiscal Responsibility
On Thursday, September 13, the Committee for a Responsible Federal Budget hosted its 2018 Annual Dinner at the Liaison Hotel on Capitol Hill. We had...
Sep 21, 2018 | Taxes
No, Really, Tax Revenue Has Not Risen
Update: After the end of the fiscal year, we published an updated version of this piece with final numbers from the Treasury Department.
At the...