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Blog | May 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.
May 18, 2018 | Budgets & Projections

Congress Has Never Failed to Propose a Budget

There has never been a year where at least one of the two congressional Budget Committees have not proposed a budget. Since the modern budget...
May 18, 2018 | Budget Process

Maya MacGuineas to Testify Before Budget Process Committee

Committee for a Responsible Federal Budget president Maya MacGuineas will testify before the Joint Select Committee on Budget and Appropriations...
May 17, 2018 | Budgets & Projections

Paul & Sanford Introduce Penny Plans

Senator Rand Paul (R-KY) and Representative Mark Sanford (R-SC) have introduced “penny plans” that would balance the budget within a decade through a...
May 16, 2018 | Other Spending

VA Health Bill Should Be Offset

The House will vote this week on a bill that would temporarily extend then replace the Veterans Choice Program, which allows veterans facing...
May 15, 2018 | Health Care

Does the Rescissions Bill Undermine Children's Health Care?

Many have criticized President Trump's $15 billion rescission package for cutting the Children's Health Insurance Program (CHIP). For instance, a...

It Would Take Nearly Unprecedented Economic Growth to Balance the Budget

Increased economic growth has often been cited as a solution to our fiscal problems or as a way to offset deficit-increasing legislation....
May 10, 2018 | Other Spending

Explaining the House Farm Bill

The 2014 farm bill expires on September 30, which means policymakers have less than five months to pass a new one. The House Agriculture Committee...
May 9, 2018 | Other Spending

What's in the President's Rescission Request?

Update: CBO released an estimate of the effect of the CHIP rescission on outlays and coverage. CBO estimates that the proposed rescission would not...
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May 8, 2018 | Budget Process

A Conversation with CBO Director Keith Hall

The Committee for a Responsible Federal Budget and our partners at the Campaign to Fix the Debt hosted a conference call conversation with Dr. Keith...
May 7, 2018 | Other Spending

Multiemployer Pensions: The Next Source of Budget-Busting Legislation?

The newly-created Joint Select Committee on Solvency of Multiemployer Plans is tasked with crafting legislation to improve the finances of the nation...