CBO Sees Major Trust Fund Exhaustions On The Horizon
The Congressional Budget Office estimates that three major trust funds will deplete their reserves within the next ten years, with a fourth...
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.
Apr 24, 2018 | Budgets & Projections
Interest Spending is on Course to Triple
According to CBO's latest projections, the rising cost of interest on the debt is a significant driver of growing deficits and debt. In this...
Apr 23, 2018 | Budgets & Projections
Debt Could be Twice the Size of the Economy by Mid-Century
The Congressional Budget Office's (CBO) recent ten-year budget projections show that debt is on course to exceed the size of the economy in just...
Is CBO "Always Wrong" Because It Doesn't Understand Growth?
In dismissing projected trillion-dollar deficits, National Economic Council director Larry Kudlow recently claimed that one should "never believe the...
Apr 20, 2018 | Budget Process
Goldwein and Moller: How Congress Cheats with Our Money — and How We Can Stop It
Marc Goldwein is senior vice president and senior policy director and Zach Moller is a senior policy analyst at the Committee for a Responsible...
Apr 19, 2018 | Budgets & Projections
IMF: US is the Only Advanced Economy With Debt Rising
The International Monetary Fund (IMF) issued a new report yesterday projecting that debt as a share of GDP will decline over the next five years for...
Apr 19, 2018 | Budgets & Projections
What If Interest Rates Are 1 Point Higher? $1.9 Trillion in Extra Costs
Interest costs are the fastest growing part of the budget, with the Congressional Budget Office (CBO) projecting interest payments will more than...
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...
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...