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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.
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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...
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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...
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Jun 15, 2018 | Other Spending

Appropriations Watch: FY 2019

Last Updated 6/19/2018 Congress began appropriations work for FY 2019 in April. The enactment of the 2018 Bipartisan Budget Act increased defense...
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Jun 15, 2018 | Taxes

After Tax Reform, Tax Expenditures Remain Costly

The Joint Committee on Taxation (JCT) recently released its latest tax expenditure estimates. The report shows that despite the 2017 tax law, ...
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Jun 12, 2018 | Health Care

Medicare Advantage Proposal Reforms Benefits and the Bidding Process

The Medicare Trustees recently delivered a reminder of the importance of reducing Medicare costs. As Steven M. Lieberman, Loren Adler,...
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Jun 11, 2018 | Other Spending

CRFB on Facing the Future: Federal Investment in Children is Dwindling

Children are getting an increasingly small share of the federal budget, even as we are burdening them with immense debt. In an episode of the Concord...
Jun 8, 2018 | Budgets & Projections

Gene Steuerle: Why Government Budget Estimates Are Often Wrong

Dr. Eugene (Gene) Steuerle is the Richard B. Fisher chair and Institute Fellow at the Urban Institute and a member of the Committee for a Responsible...
Jun 8, 2018 | Social Security

Marc Goldwein: As Demagogues Squawk, Clock is Ticking on Social Security

Marc Goldwein is the Senior Vice President and Senior Policy Director for the Committee for a Responsible Federal Budget. He recently wrote an ...
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Jun 8, 2018 | Social Security

WATCH: What's Next for Social Security?

The Social Security Trustees released their latest projections and findings this week on the financial state of the program. On Friday, June 8, the...