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.

Jun 24, 2013

Don't Use the Immigration Reform Bill as a Slush Fund

The Congressional Budget Office's cost estimate of the Senate's immigration bill attracted a great deal of attention due to the $197 billion in...
Jun 24, 2013 | Health Care

Modernizing the Medicare Benefit

Today, the Moment of Truth Project has released a new report,"Modernizing the Medicare Benefit: A Closer Look at Reforming Medicare Cost-Sharing...
Jun 21, 2013 | Health Care

Another Potential Bipartisan Health Care Reform

While reforming entitlement programs continues to be a critical challenge for policymakers, recent developments suggest that bipartisan support for...
Jun 21, 2013

Recreating the Second Decade: CBO's Immigration Numbers in the Long Term

In our paper on CBO's analysis of the Senate immigration bill, we used CBO's numbers to produce deficit and debt estimates for the next...

The Analysis of the Analysis: CRFB's Take on CBO's Immigration Estimates

CBO's recent budgetary and economic analyses of the Senate immigration bill have been making waves in the political sphere as lawmakers rush to...
Jun 20, 2013

Chamber of Commerce's "Ten Truths" on Entitlements

As we look toward our worrisome long-term outlook, the drivers of future deficits are clear: our growing entitlement programs and an inefficient tax...
Jun 20, 2013 | Social Security

CATO Event: "Disability Insurance: The New Welfare?"

Yesterday, the CATO Institute hosted a panel discussion featuring CATO Senior Fellow Jagadeesh Gokhale, MIT economics professor David Autor,...
Jun 19, 2013 | Taxes

RATE Coalition Speaks Out For Corporate Tax Reform

The United States has the highest statutory corporate tax rate in the developed world, but substantial revenues are forgone through a variety of tax...
Jun 19, 2013 | Health Care

MedPAC Report Refuels the Need for Medicare Reforms

In its annual June report to Congress, the Medicare Payment Advisory Commission (MedPAC) explores a number of reforms that could help improve...

CBO Estimates the Senate Immigration Bill

Yesterday, the Congressional Budget Office released two analyses, a cost estimate and an economic analysis, of the Senate's immigration bill -- S.744...

The Debt Won't Magically Solve Itself

Over the past few weeks, we've seen a common argument in favor of turning away from solving our long-term debt problem due to short-term improvements...
Jun 18, 2013 | Health Care

Lawmakers Not Giving Up on Medicare Reforms

While the latest Medicare Trustees report showed slightly improved projections, the long-term challenges of health care cost growth and population...
Jun 17, 2013

Hiatt: The Progressive Case for Entitlement Reform

Entitlement reform remains essential to the creation of a fiscally sustainable future, but it has been hard for lawmakers to agree on policies to do...
Jun 17, 2013 | Health Care

Holtz-Eakin: Medicare Still Needs Reform

The recent slowdown of health care spending growth is one of the more positive developments in the budget over the past few years. Despite the...
Jun 17, 2013 | Budgets & Projections

Stimulus Provisions Updated: Extended or Not?

The economic stimulus package enacted in 2009 is now four years behind us. According to recovery.gov, $796 billion has been disbursed as of the end...
Jun 16, 2013

Line Items: Storms Edition

Weathering the Storms – Stormy weather has wreaked havoc on much of the country recently, including Washington. Meanwhile, storms of a...
Jun 14, 2013 | Budgets & Projections

IMF Emphasizes Need Smarter Deficit Reduction Strategy

After finishing its preliminary annual review of the U.S., the International Monetary Fund (IMF) concluded the U.S. could spur additional...
Jun 13, 2013 | Economics

MY VIEW: Gene Steuerle

At times, the fiscal debate can be confusing, as it is often set up as a simplistic contest between an argument for austerity against an argument for...
Jun 13, 2013 | Taxes

Senate Finance Looks at Types of Income and Entities

The Senate Finance Committee has been busy churning out options papers on various tax reform topics (we wrote previously about their economic...
Jun 13, 2013

MY VIEW: Bill Frenzel

The recent revisions to the CBO projections improved our short-run outlook, a welcomed development, but they have also triggered a wave of...

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