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Blog | January 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.
Jan 30, 2018

Facebook Page Remembering Ed Lorenzen

In order to provide information on Ed Lorenzen's tributes and arrangements, we have set up a public Facebook page that will be constantly updated...
Donald Trump
Jan 30, 2018 | Budgets & Projections

Debt-O is Back for the State of the Union Address!

President Donald Trump will give his first State of the Union address tonight at 9 p.m. ET. CRFB will be live tweeting the speech, providing analysis...
Jan 30, 2018

Washington Post: In a house fire, America loses a devoted servant

Following the untimely death of Committee for a Responsible Federal Budget senior advisor Ed Lorenzen and his son, Michael, The Washington Post's...
Maya MacGuineas
Jan 26, 2018 | Other Spending

Maya MacGuineas: Wake Up: The Current Fiscal Free-for-All is Untenable

Maya MacGuineas is president of the nonpartisan Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She...
Concept_Stock Market_Recession
Jan 26, 2018 | Taxes| Economics

IMF: Tax Bill's Boost to Growth is Short-Term

This week, the International Monetary Fund (IMF) released a new estimate of economic growth, revising their short-term estimate upwards because of...
Jan 26, 2018 | Budgets & Projections

Trillion-Dollar Deficits Could Return Next Year, But A Deal Could Make Them Worse

Trillion-dollar deficits will return next year, and a budget deal in the coming weeks could make them much worse. The continuing resolution (CR) that...
Jan 23, 2018 | Health Care| Taxes

Three-Week Funding Deal Includes $30 Billion in Tax Cuts

Lawmakers came to a bipartisan agreement to end the federal government shutdown yesterday, but it came with a very high price. The continuing...
Donald Trump
Jan 19, 2018 | Budgets & Projections

President Trump's Fiscal Record So Far

As the first year of the Trump Presidency closes, it is worth taking a look at how the fiscal health of the country has changed since President Trump...
Jan 17, 2018 | Health Care| Other Spending

House Continuing Resolution Sets Stage for Over $300 Billion in Costs

House Republicans released a draft continuing resolution (CR) last night to extend current levels of discretionary spending through February 16,...
Concept_DC_Capitol Building_Money
Jan 11, 2018 | Other Spending

Lawmakers Should Offset Upcoming Disaster Relief

One of many things lawmakers are poised to take up early in the year is additional disaster relief in response to Hurricanes Harvey, Irma, and Maria...