Washington Monument

Blog | April 2019

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 30, 2019 | Social Security

Social Security Shortfall Could Be Worse Than Reported

The 2019 Social Security Trustees Report estimates the program's trust funds face a 75-year actuarial shortfall of 2.78 percent of taxable payroll....
Concept_Microphones

Watch: Unpacking the Social Security Trustees' Report

The Committee for a Responsible Federal Budget hosted a lunch and panel discussion today on Unpacking the Social Security Trustees' Report. You can...
Social Security_Card_Layered
Apr 25, 2019 | Social Security

Social Security Will Start Spending Trust Fund Reserves Next Year

The 2019 Social Security Trustees' report reminded us that Social Security faces large and rising imbalances, projecting that the theoretically...
Apr 25, 2019 | Social Security

The Good News on Social Security: We Have More Time to Improve Disability Insurance

This week's Social Security Trustees' report warned that the program is on a path toward insolvency, with the theoretically combined trust fund set...
Apr 22, 2019 | Social Security

How Old Will You Be When Social Security's Funds Run Out?

The Social Security Trust Funds are on a path to run out. Use this tool to find out what you stand to lose unless Washington acts. If you're...
Concept_Entitlements_Retirement

Quick Take: Social Security & Medicare Headed For Insolvency in 16 & 7 Years

The Social Security and Medicare Trustees have released their reports on the financial state of their programs. Both reports show the programs need...
Concept_Debt
Apr 18, 2019 | Budgets & Projections

GAO: "Federal Government Is on an Unsustainable Fiscal Path"

The Government Accountability Office (GAO) recently released its long-term budget projections, and, like other forecasts, it projects that debt will...
Maya MacGuineas
Apr 16, 2019 | Taxes

Maya MacGuineas & Ed Rendell: Tax Day Trauma: Paying for Our Massive National Debt

Maya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. Governor Ed Rendell is the...
Concept_DC_Capitol Building
Apr 12, 2019 | Budgets & Projections

Maya MacGuineas and Mike Murphy: Disastrous Record Deficits Threaten US Future

Maya MacGuineas is president of the Committee for a Responsible Federal Budget and Mike Murphy is director of the Committee's new initiative, FixUS....
Apr 9, 2019 | Other Spending

House Spending Plan Would Increase Discretionary Spending to Record Levels

The House Budget Committee proposal to raise the caps on discretionary spending would add over $2 trillion in projected debt over the next...

Pages