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 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...
May 14, 2012 | Other Spending| Health Care

Ten Things to Know About Military Compensation

On Friday, Lawrence Korb, Alex Rothman, and Max Hoffman of the Center for American Progress wrote "The Top 10 Things to Know About Military...

Both Sides of "Taxmaggedon"

Former Sen. Judd Gregg (R-NH) weighs in on the impact of "taxmaggedon" in The Hill today. While the tax increases would likely lead to more...
May 11, 2012 | Health Care

Bipartisan Physician Payment Reform Can Do Without the War Gimmick

Reps. Allyson Schwartz (D-PA) and Joe Heck (R-NV) have introduced a bill to overhaul the Medicare physician payment system. The bill includes a...
May 11, 2012 | Other Spending

Public Indicates Support for Defense Cuts

At Wonkblog, Suzy Khimm points to a study done by the Stimson Center that polled Americans about how large the defense budget should be. The study...
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...

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