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Blog | May 2015

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 29, 2015 | Other Spending

Time to Get to Work on a Highway Trust Fund Solution

Lawmakers have many potential options to address the shortfall in the Highway Trust Fund. With the President expected to sign a two-month extension...
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May 28, 2015 | Budgets & Projections

Richmond Fed Releases Bailout Barometer

The Federal Reserve Bank of Richmond has updated their “Bailout Barometer,” which measures the total financial sector liabilities that...
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Congressional Double-Take on Revenue

The Congressional budget resolution proposes to bring the budget into balance by reducing spending $5.3 trillion over the next decade while keeping...
May 22, 2015 | Budget Process

Reps. Carney and Renacci Release Bill Improving Budget Process

This week, Representatives John Carney (D-DE) and Jim Renacci (R-OH) introduced a bipartisan bill to improve the budget process. The Budget Integrity...
Sen. Bernie Sanders
May 21, 2015 | Health Care

Sanders Takes Aim at Generic Drug Prices in Medicaid

Earlier this week, Senate Budget Committee Ranking Member Bernie Sanders (I-VT) introduced the Medicaid Generic Drug Price Fairness Act, a bill...
May 21, 2015 | Other Spending

Marc Goldwein: Feds Warn Transit Agencies About Funding Cut Off

Marc Goldwein is the Senior Vice President and Senior Policy Director of the Committee for a Responsible Federal Budget. He wrote a guest...
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Four Takeaways from the Solutions Initiative Plans

The Peterson Foundation's Solutions Initiative III produced five different fiscal plans that would improve the current long-term budget outlook....

Repairing How the Budget Treats the Highway Trust Fund

In our recently released plan, The Road to Sustainable Highway Spending, we propose a variety of measures to support the Highway Trust...
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May 14, 2015 | Social Security

Time to Close Two Social Security Loopholes

With the Social Security trust funds facing a significant shortfall over the next 75 years and expected to run out of money within 20 years, Alicia...

Discretionary Spending and the Sequester in the Final Budget Conference

The budget resolution conference agreement has passed both the House and Senate. While we previously wrote about the conference's deficit reduction...