Committee for a Responsible Federal Budget
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Blog | December 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.
Dec 31, 2018 | Budgets & Projections

Our Top Fiscal Charts of 2018

The year 2018 was a busy time for budget policy, which gave us plenty of opportunities for analysis via tables and graphs. We published over 250...
Leon Panetta
Dec 29, 2018 | Other Spending

Leon Panetta: Five Lessons that Never Seem to Be Learned from Shutting Down the Government

Leon Panetta is co-chair of the Committee for a Responsible Federal Budget, former budget director and White House chief of staff under...
Dec 20, 2018 | Health Care| Taxes

House to Vote on $100 Billion Lame Duck Tax Package

The House will likely consider a package of lame duck tax cuts costing almost $100 billion over ten years. About half of the cost comes from...
Dec 19, 2018 | Other Spending

What Happens in a Partial Government Shutdown?

Policymakers have until midnight on Friday to avoid a partial government shutdown. Lawmakers have already passed full-year appropriations for...
Dec 19, 2018 | Budgets & Projections

Maya MacGuineas Testifies Before House Financial Services Committee

CRFB president Maya MacGuineas testified before the House Financial Services Committee on Thursday, December 20. The hearing, entitled "The Peril of...
Dec 13, 2018 | Budgets & Projections

CBO Releases Latest Budget Options Report

Today, the Congressional Budget Office (CBO) released its "Options for Reducing the Deficit, 2019-2028" report, featuring 121 policy options and...
Dec 13, 2018 | Economics

The Deficit Has Never Been This High When the Economy Was This Strong

This year, the budget deficit is projected to total about $970 billion – 4.6 percent of GDP – up from $666 billion (3.5 percent of GDP) in...
Dec 4, 2018 | Budgets & Projections

How Much Does the Government Really Owe?

When analyzing the fiscal health of the country, we often focus on federal government debt held by the public. Data published by USAFacts allows us...