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.

Budget Process_Books
Oct 15, 2015 | Budgets & Projections

How Would Governor Kasich's Plan Reduce Deficits?

Republican Presidential candidate Gov. John Kasich (R-OH) has released an "Action Plan" that plots a path to (on-)budget...

Fiscal FactCheck: The First Democratic Debate

This blog is part of the “Fiscal FactCheck” series designed to examine the accuracy of budget-related statements made during the 2016...
Social Security
Oct 14, 2015 | Social Security

As Life Expectancy Gap Widens, The Well-To-Do Collect More Benefits

In an op-ed for the Washington Post, Robert Samuelson called attention to a new report by the National Academies of Sciences, Engineering, and...
retirement
Oct 13, 2015 | Other Spending

Funding Challenges Continue For Pension Insurer

A recent Wall Street Journal article highlighted the shortfalls facing the Pension Benefit Guaranty Corporation (PBGC), which guarantees defined-...
Concept_Education
Oct 13, 2015 | Other Spending

Clinton's College Affordability Proposal, Explained

One of Democratic presidential candidate Hillary Clinton's first major policy proposals focused on college affordability. Called the "New...
Taxes_1040 Form
Oct 12, 2015 | Taxes

Governor Bobby Jindal Releases Tax Reform Plan

Republican presidential candidate Louisiana Governor Bobby Jindal announced his tax reform plan with a centerpiece that promises to ensure...
money
Oct 7, 2015 | Health Care

No, Acting Quickly on Medicare Premiums Doesn't Reduce The Cost

Lawmakers may be taking action to prevent a steep premium and deductible hike for some Medicare beneficiaries next year, but should make sure to be...
Concept_Retirement
Oct 7, 2015 | Health Care

Medicare Premiums Take Center Stage

Adding to the list of things lawmakers want to get done before the end of the year, Congress may take up a relatively obscure Medicare issue that...
Millennials

Millennials to Receive $2 Million in Social Security & Medicare Benefits

The Urban Institute published a new report showing that younger generations will receive much more in lifetime Social Security and Medicare benefits...
Social Security
Oct 6, 2015 | Social Security

Is the Social Security Shortfall Bigger than We Thought?

Last week, the Technical Panel to the Social Security Advisory Board issued a report on the assumptions and methods used by the Social Security...
Oct 5, 2015

MY VIEW: Judd Gregg

Judd Gregg, a former Republican senator from New Hampshire, served as chairman of the Senate Budget Committee from 2005 to 2007 and ranking...
Health Care_Paperwork
Oct 5, 2015 | Health Care

House Reconciliation Runs Afoul of Byrd Rule

Update: CBO has released scores of the three reconciliation bills showing net ten-year savings of $57 billion but a deficit increase of $1 billion in...
Lew
Oct 2, 2015 | Budget Process

Debt Limit Coming Nov. 5 - Time for Reform?

Yesterday evening, Treasury Secretary Jack Lew indicated that the extraordinary measures Treasury is using to avoid breaching the debt limit will run...
Oct 2, 2015 | Health Care| Taxes

101 Economists to Congress: Keep the Cadillac Tax

In light of the recent reconciliation package that repeals the Cadillac tax on high-cost health insurance plans and Democratic Presidential candidate...
Social Security
Oct 1, 2015 | Social Security

Cotton and Manchin Advocate for Bipartisan Action on SSDI

Senators Tom Cotton (R-AR) and Joe Manchin (D-WV) wrote an op-ed that appeared on Fox News Tuesday advocating for measures to help those who do or...
Sep 29, 2015 | Taxes

Donald Trump Releases Huge Tax Plan

Republican presidential candidate Donald Trump announced his tax reform plan yesterday to lower tax rates and simplify the tax code with...
Concept_DC_Capitol Building Storm

Senate Funding Bill Would Rely on OCO Gimmick

The Senate Appropriations Committee earlier this week posted a draft bill that would extend government funding until December 11 and avert a...
Concept_DC_Capitol Building Sunrise
Sep 25, 2015 | Budgets & Projections

What Will Happen If the Government Shuts Down?

Here we go again. With government funding set to expire in one week and no clear plan appearing yet, it is possible that the government will shut...
Concept_Health Care_RX Bottles
Sep 24, 2015 | Health Care

Sanders and Clinton Release Plans to Tackle Prescription Drug Costs

Over the past few weeks, the two leading Democratic candidates for President, former Secretary of State Hillary Clinton and Senator...
transportation
Sep 22, 2015 | Other Spending

Highway Trust Fund Runs Out Next Summer

According to a new Department of Transportation (DOT) estimate, the Highway Trust Fund will likely last until late next summer instead of at the end...

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