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.
Boskin Underscores the Need for DI Reform
With all of the new developments in tax reform it may be easy to forget about entitlements. But Michael Boskin, former chairman of the Council of...
Thinking Broadly: TPC's Analysis of Limits on Tax Expenditures
There is a clear consensus across the political spectrum that reforming the tax system will require going after the many tax expenditures that litter...
Hagel Releases DoD Contingency Plan
The sequester has always been a blunt and mindless way to reduce the deficit, and for the Defense Department, its effects are now clearly being seen...
Ways and Means Begins Work on Entitlement Reform
Just as they have for tax reform, the House Ways and Means Committee has begun organizing and pressing forward on entitlement reforms, starting with a...
Tax Reform Can Be an Essential Part of Reducing the Debt
The recent announcement from Senators Baucus and Hatch to pursue tax reform via a "blank slate" approach is incredibly encouraging. As CRFB Board...
The Mid-Session Review: A Case for Building in Wiggle Room for Ever-Changing Projections
One of the reasons CRFB and other budget hawks have touted the benefits of putting debt on a downward path this decade -- in addition to the economic...
A Closer Look at the Mid-Session Review
On Monday, the Office of Management and Budget released its re-estimate of the President's Budget in the Mid-Session Review. OMB's new estimates of...
Tax Reform and the Size of Government
As we begin to enter the dog days of summer, the weather is not the only thing that is heating up. The tax reform debate is beginning to escalate also...
Don't Take the Health Exclusion Off the Table
Recently, there has been some discussion of taking the employer-sponsored health exclusion off the table in tax reform. But for those interested in...
MY VIEW: Tim Penny July 2013
Yesterday, Senator Max Baucus (D-MT) and Representative Dave Camp (R-MI) kicked off their summer tour of the country in order to bring the tax reform...
OMB Releases 2014 Mid-Session Review
Today, the Office of Management and Budget released its Mid-Session Review, revised estimates of the President's 2014 budget incorporating legislative...
Gene Steuerle: The Baucus-Hatch “Blank Slate” Approach to Tax Reform Could Be Revolutionary
The lead up to July 4th brought an exciting development in fiscal policy discussions: a commitment from Senate Finance Committee Chairman Max Baucus...