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.

May 10, 2012 | Taxes

The Temporary Budget

Over at Wonkblog, Sarah Kliff points out that the Affordable Care Act (ACA) may contain a new "doc fix" -- only this time in Medicaid. The...

SequesterWatch: Dueling Replacement Alternatives Emerge in the House

Update: The House has passed the reconciliation and replacement bills by a 218-199 vote. We have already talked about the House reconciliation bills...

Double Counting and Medicare Part A

Last month, Social Security and Medicare Trustee Chuck Blahous sparked a controversy by saying that the Affordable Care Act would add to the deficit...
May 8, 2012 | Other Spending

A Solution to the Student Loan Showdown?

Impasses and showdowns have become the norm over the past few years, and it is turning out to be no different with student loans. For background, in...
May 8, 2012 | Budgets & Projections

Getting to a Grand Bargain

We all know about the fiscal cliff coming at year's end, and we all know policy makers will have to find a way out. Neither allowing the country to...
May 8, 2012

Line Items: Star Wars Edition

A Galaxy Far, Far Away – Friday was Stars Wars Day, the annual observance of the popular movie series that plays on the date, as in May the...

How Might the Fiscal Cliff Play Out?

This week’s The Economist offers another analysis of the end-of-year fiscal cliff of tax increases and spending cuts that the United States...
May 7, 2012 | Budgets & Projections

CBO Director Lays Out Six Criteria for Evaluating Fiscal Plans

The non-partisan Congressional Budget Office (CBO) doesn't make recommendations for, or against, any fiscal plan, but that doesn't mean they can't...
May 7, 2012

MY VIEW: Judd Gregg

Today in The Hill, former Senator Judd Gregg (R-NH) penned an Op-Ed analyzing the French elections (where France yesterday elected Mr. Hollande of...
May 4, 2012 | Budgets & Projections

Dimon: "We Know the Way, It's Called Bowles-Simpson"

At an event at the University of Rochester's Simon School yesterday, JPMorgan Chase CEO Jamie Dimon made a direct call for the Simpson-Bowles...
May 3, 2012 | Social Security

A Social Solution for Social Security

Last week’s report from the Social Security Trustees laid out the challenges facing the vital program. The largest federal program began...
May 3, 2012 | Taxes

Brookings Institution Comments on Tax Reform

As the topic of tax reform will be heating up this year, five analysts from the Brookings Institution's Hamilton Project have released a paper called...
May 2, 2012

Different Approaches to the Simulator

David Lawder of Reuters has featured our recently updated budget simulator in an excellent piece about the challenges of cutting the debt. The...
May 1, 2012 | Social Security

Marc Goldwein: Social Security Disability System Is Broken

CRFB's Senior Policy Director Marc Goldwein has a message to policymakers in an op-ed in The Hill: don't overlook the disability insurance (...

Yes, Actually, We Should Pay for the Tax Cuts

An article in The Hill today notes that House Republicans do not plan to offer offsets for the extension of the 2001/2003 tax cuts that expire at the...

When It Comes to Deficit Reduction, Timing Matters

The news that Britain has entered into a double-dip recession touched off a fierce debate last week over the role of austerity in the country's...
Apr 30, 2012

Americans Have Their Say in Reducing the National Debt

The politicians don't seem to want to budge on the budget, but our simulator is allowing the public to nudge them along.The results from the...
Apr 30, 2012 | Taxes

What Will Congress Do With the Tax Extenders?

Last week, the House Ways and Means Subcommittee on Select Revenue Measures held a review of "tax extenders" -- tax provisions that have...
Apr 27, 2012 | Budgets & Projections

MacGuineas: Make Candidates Debate the Debt

Today, we are launching DebateTheDebt.org, a site where you can sign a petition calling for a real debate devoted to the debt. In that vein, CRFB...

How Is the House Replacing the Sequester?

Update: CBO has posted scores for the Energy and Commerce and Oversight bills. They would save $113 billion and $83.3 billion, respectively, over ten...

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