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.

Dec 18, 2015 | Other Spending

Flake Releases “Wastebook: The Farce Awakens”

Carrying on the tradition of retired Senator Tom Coburn (R-OK), Senator Jeff Flake (R-AZ) this week released the 2015 edition of the Wastebook: The...
Dec 17, 2015 | Taxes

The Fiscal Irresponsibility of the Tax Deal in 6 Charts

It's no surprise that a deficit-financed tax cut deal costing $830 billion after interest would be bad for the budget. We've been describing...
Concept_Money_Green
Dec 17, 2015 | Budgets & Projections

Omnibus Bill Falls Back on the Usual Budget Gimmicks

The negotiations that concluded this week produced two major pieces of legislation. The most consequential for the budget is the $680 billion package...
Concept_Interest
Dec 16, 2015 | Budgets & Projections

How a Fed Rate Increase Could Affect the Budget

Today, the Federal Open Market Committee, the Fed's interest rate setting and deliberative body that meets eight times a year, could announce...
Business Tax
Dec 16, 2015 | Taxes

Negotiated Tax Deal Would Cost $680 Billion

Lawmakers have announced a negotiated package of business and individual tax breaks costing about $680 billion over ten years. After interest, we...
Steny Hoyer
Dec 15, 2015 | Taxes

Hoyer Slams Tax Extenders Deal

House Minority Whip Steny Hoyer (D-MD) took to the House floor on Tuesday to assert his opposition to a potential tax extenders deal, citing a recent...
Dec 11, 2015 | Health Care| Taxes

Tax Extenders Deal Might End Up Adding $4 Trillion to the Debt

The $700 billion price tag on the rumored deal to permanently extend expired tax breaks might actually be underselling just how expensive the package...
Dec 10, 2015 | Taxes

Short-Term Extenders Package Is Still Irresponsible

Faced with the possible opposition over a $700 billion deal to extend permanently some of the expiring "tax extenders", Congress may...
Dec 10, 2015 | Taxes

Senate Democrats Ask for Extenders to be Offset

Last week Senators Tammy Baldwin (D-WI), Sheldon Whitehouse (D-RI), Jack Reed (D-RI), Angus King (I-ME), and Elizabeth Warren (D-MA), sent a letter...
Health Care_Doctor
Dec 10, 2015 | Health Care| Taxes

Loren Adler: Tax Extenders Deal Could Undermine the ACA

Loren Adler, Research Director for the Committee for a Responsible Federal Budget, wrote a guest post that appeared on the RealClearPolicy blog. It...
Congress Money

Peuquet Highlights Importance of Budget Debates

As we face an end-of-the-year legislative crunch that promises to be fiscally irresponsible, former Research Director of the Committee for a...
Dec 9, 2015 | Taxes

Are Tax Extenders Worth The Cost?

As Congress appears to be closing in on a fiscally irresponsible tax extenders deal that's expected to cost $700 billion in the next decade and...
Kent Conrad
Dec 9, 2015 | Taxes

Kent Conrad: Congress should pay for any extension of tax breaks

Kent Conrad, former Chairman of the Senate Budget Committee, wrote a commentary in The Hill. It is reposted here. Just under three years...
Tax Issue Area
Dec 9, 2015 | Taxes

GOP Campaigns Discuss Tax Plans

The Conservative Reform Network and Americans for Tax Reform recently hosted a forum where representatives from the Republican presidential campaigns...
Health Care_Doctor
Dec 8, 2015 | Health Care

Health Reform Issues That 2016 Candidates Should Consider

The Brookings Institution’s Center on Children and Families recently held an event to discuss issues for the 2016 presidential candidates to...
Maya MacGuineas
Dec 8, 2015 | Taxes

Maya MacGuineas: To Keep Expiring Tax Cuts, Congress Considers Another Borrowing Bonanza

Maya MacGuineas, president of the Committee for a Responsible Federal Budget, wrote a commentary that appeared in the Wall Street Journal Washington...
Legislation
Dec 8, 2015 | Other Spending

Update: What Will Happen If the Government Shuts Down?

Here we go again, again. With government funding set to expire at the end of the week and no deal on the table, it is possible that the government...
overlook
Dec 7, 2015 | Health Care| Taxes

Washington Post Criticizes Senate Vote to Repeal the Cadillac Tax

There were many legislative developments in the past week, including the passage of a five-year highway bill and continued negotiations on a tax deal...
Health Care_Paperwork
Dec 7, 2015 | Health Care

CMS Finds Pickup in Health Care Spending Growth in 2014

The Centers for Medicare and Medicaid Services (CMS) released its National Health Expenditure (NHE) numbers for 2014 today, showing an expected...
Secretary Clinton
Dec 4, 2015 | Other Spending

Hillary Clinton Releases Infrastructure Plan

This blog is part of a series of "Policy Explainers" for the 2016 presidential election, where we explain some of the candidates'...

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