Washington Monument

Blog | June 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.
Concept_Stock Market_Recession
Jun 29, 2018 | Taxes| Economics

The Deficit Is Not "Coming Down Rapidly"

This morning, White House National Economic Council Director Larry Kudlow appeared on Fox Business and made the following claim (emphasis added...
Concept_Health Care_RX Bottles
Jun 28, 2018 | Health Care

Concerned Actuaries Group Publishes New Analyses on Health Care System’s Sustainability

Last month, the Committee for a Responsible Federal Budget and the Concerned Actuaries Group launched the American Health Care Initiative, a...
Concept_calculator
Jun 28, 2018 | Budget Process

CBO is Pretty Good at Estimating Spending

In March 2016, CBO estimated the federal government would spend $4.06 trillion for fiscal year (FY) 2017 – a number that would increase to $4.08...
Concept_Debt
Jun 26, 2018 | Budgets & Projections

CBO Releases 2018 Long-Term Outlook

The Congressional Budget Office (CBO) just released its annual Long-Term Budget Outlook, which shows the United States is on an unsustainable fiscal...
Concept_Budget
Jun 21, 2018 | Budgets & Projections

How the House Could Meet the Budget Resolution's Reconciliation Instructions

The FY 2019 House budget resolution calls for $6.5 trillion of policy savings over ten years, but the true action is in the reconciliation...
Maya MacGuineas
Jun 21, 2018 | Budget Process

Maya MacGuineas: Rescission Fight About Much More than a Few Billion Dollars

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 ...
Concept_Calculator
Jun 21, 2018 | Other Spending

Did the U.S. Really Spend $7 Trillion on Middle Eastern Wars?

In a roundtable in Minnesota yesterday, President Donald Trump claimed "we have $7 trillion in the Middle East", a rephrasing of his previous claims...
Concept_Capitol Building_Money
Jun 20, 2018 | Budgets & Projections

Goldman Sachs Warns that the US Fiscal Outlook is “Not Good”

In a report released last month by Goldman Sachs, Chief Economist Jan Hatzius describes the U.S. fiscal outlook as “not good.” If left unchanged...
Concept_Pen and Calculator
Jun 19, 2018 | Budgets & Projections

Summarizing the FY 2019 House Budget Resolution

House Budget Committee Chairman Steve Womack (R-AR) released his Chairman's Mark of the House FY 2019 budget resolution. The budget resolution calls...
Jun 18, 2018 | Other Spending

Options for the Pension Committee to Consider

As we recently explained, proposals from the Joint Select Committee on Solvency of Multiemployer Plans could include considerable costs. The Joint...

Pages