Committee for a Responsible Federal Budget
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Blog

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.

President Obama
May 29, 2012 | Budgets & Projections

Fiscal Fact Checker: How Much Has Spending Increased Under President Obama?

Update: The text has been updated to include spending growth numbers for President Bush excluding financial rescue programs. An article by Rex...
May 29, 2012 | Budgets & Projections

Minnesotan Praise for "Debate the Debt"

CRFB has called for this year’s presidential candidates to "Debate the Debt" by dedicating one of the three presidential debates to...
May 25, 2012 | Taxes

The Wrong Fight on Taxes

The Hill has an article today detailing infighting within the Democrats over what to do with the 2001/2003 tax cuts. The position expressed by...
May 25, 2012

Good News on the Fiscal Cliff?

Each day the Fiscal Cliff gets closer and closer, adding more uncertainty to our economic situation. But, as Deutsche Borse Group reports today,...
May 24, 2012

USA Today Accounts for Unfunded Liabilities

The USA Today has an interesting article on the "real federal deficit" for 2011. They say that the $1.3 trillion is dwarfed by a more...
May 23, 2012 | Taxes

How to Make a Deal, Tax Reform Edition

In a blog post cross-posted at Tax Policy Center and Forbes, Howard Gleckman summarizes a talk that American Action Forum president and former CBO...
May 22, 2012 | Budgets & Projections

CBO Joins the Cliff Estimating Game

Estimates of the fiscal cliff that is set to occur at the end of the year have been popping up in recent weeks. Now CBO has lended its voice to the...
May 22, 2012

Line Items: Social Network Edition

Much Not to ‘Like’ – Facebook had its initial public offering (IPO) on Friday. The hype surrounding the offering illustrated the...

A Lively Debate on the Affordable Care Act

Yesterday, Medicare trustee Charles Blahous and former chief economist for Vice President Biden Jared Bernstein had a debate about the fiscal...
May 21, 2012 | Social Security

A Progressive Retirement Age?

Yesterday, Zeke Emanuel advanced an interesting proposal for Social Security and Medicare in a blog at The New York Times: varying the retirement...
May 21, 2012 | Taxes

Tax Policy Center Event Discusses Taxes on the Financial Sector

When discussing new types of revenue or tax structures for the federal government to consider the other month, we touched on financial sector taxes...
May 18, 2012 | Taxes

House GOP Floats 2-Stage Process for Tax Reform

Via the Washington Post, it seems that the House majority is looking at creating a fast track procedure for passing tax reform in 2013. This will...
May 18, 2012 | Budget Process| Health Care

Fixing Medicare Double-Counting

Donald Marron, who recently wrote a blog post on how budget limits are treated in Congressional rules, wrote a piece today detailing how Medicare...
May 17, 2012 | Economics

What the U.S. Could Learn from Germany

Steep budget cuts are linked to recession and higher unemployment in Europe, argue several commentators (see here for example). Are they right?...

How Big is the Fiscal Cliff?

UPDATE: This blog has been updated to include CBO's brief about the fiscal cliff.About a month ago, we reported our estimates of how much the fiscal...

No Surprise: Fiscal Cliff Causing A Lot of Uncertainty

We have been warning for a few months now about the potential consequences of the fiscal cliff -- and adding to the debt by averting it all together...
May 16, 2012 | Economics

Bill Clinton Joins the Announcement Effect Club

Former President Bill Clinton joined the Announcement Effect Club at the Peter G. Peterson Foundation's Fiscal Summit yesterday in a Q&A session...
May 15, 2012 | Budgets & Projections

Erskine Bowles' Message Hits Home

On Sunday, Fiscal Commission co-chair and former White House Chief of Staff Erskine Bowles delivered a speech at American University's School of...
May 15, 2012 | Economics

Watch the 2012 Fiscal Summit Live

The 2012 Fiscal Summit presented by the Peter G. Peterson Foundation is today. Watch live here now and follow on Twitter with #FiscalSummit.Speakers...
May 14, 2012 | Budgets & Projections

Line Items: Game of Thrones Edition

Winter is Coming – HBO’s “Game of Thrones” has a legion of devoted fans. The show deftly combines mystical elements with real...

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