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.

Mar 20, 2013

Line Items: Spring into Madness Edition

Madness Returns – It’s that time of year again. Predictions are made and office pools are formed. Yes, budget wonks are pitting budget...
Mar 20, 2013 | Taxes

Chairman Camp Eyes State and Local Tax Deduction

Yesterday, House Ways and Means Committee Chairman Dave Camp (R-MI) took a hard look at the deduction for state and local income taxes at a hearing...

CBO: Approaches for Scaling Back DoD's Budget Plans

It is a well-known fact that the U.S. spends a sizeable amount on defense, more than the next 15 countries combined, including China and Russia. But...
Mar 19, 2013 | Budgets & Projections

Republican Study Committee Adds to the Alternative Budgets

Yesterday, the House Republican Study Committee (RSC) released its "Back to Basics" budget, which aims to balance the budget in four years...
Mar 19, 2013 | Health Care

The Most Misleading Chart You'll See This Week

Late last week, the Council of Economic Advisors (CEA) released the annual Economic Report of the President outlining the Administration's latest...
Mar 18, 2013 | Budgets & Projections

Van Hollen Releases House Democrats' Alternative Budget

Rep. Chris Van Hollen (D-MD), Ranking Member of the House Budget Committee, has released an alternative budget on behalf of House Democrats, "...
Mar 18, 2013

MY VIEW: Judd Gregg

Last week, the House Republicans and Senate Democrats put out their FY 2014 budgets, showing two different approaches to tackling deficit reduction....
Mar 18, 2013

Job Announcement: Senior Policy Analyst

Frequent reader of the blog? The Committee for a Responsible Federal Budget (CRFB) is seeking to add a new member to our policy team.We are looking...
Mar 18, 2013 | Health Care

MedPAC: The Time is Now for SGR Repeal

We've discussed many times before the important role entitlement reform plays in addressing our long-term debt. As the baby boomer generation...
Mar 15, 2013 | Budgets & Projections

The Need for a Deal: Intergenerational Equity

In today's The New York Times, Fix the Debt Steering Committee member Steven Rattner writes on the need for a comprehensive deal to put the debt on a...

160 Economists and Policy Experts Call for Comprehensive Deficit Reduction

Despite a growing chorus of debt deniers, most economics continue to agree that putting in place a long-term plan to responsibly address our growing...
Mar 14, 2013 | Budgets & Projections

Two Alternative Budgets from the Congressional Black Caucus and Progressive Caucus

Update: This post has been updated to incorporate new numbers for the Congressional Black Caucus budget. Budget season is well underway as the House...
Mar 14, 2013 | Budgets & Projections

Spending and Revenue in the Murray Budget

Yesterday, we presented an overview of the Murray budget, describing the policies of the budget and showing savings relative to different baselines....

Event Recap: The Atlantic Economy Summit

The Atlantic held its 2013 Economy Summit yesterday, featuring more than twenty-four speakers on tax reform, the future of entitlement programs, and...
Mar 14, 2013 | Budgets & Projections

The Ryan and Murray Plans Side-by-Side

Trying to determine the actual level of savings in budget proposals can be confusing, as there is no single agreed-upon set of baseline assumptions...
Mar 13, 2013 | Budgets & Projections

Senator Murray Releases FY 2014 Budget

After seeing Congressman Paul Ryan's (R-WI) budget yesterday, now we know the approach favored by the Senate Democrats. Senate Budget Chair Patty...
Mar 13, 2013 | Social Security

Steuerle on Why Retirement Age Increases are Not Regressive

When considering raising the retirement ages for Social Security or the eligibility age for Medicare, some critics usually argue that change would...
Mar 13, 2013 | Budgets & Projections

BPC Takes a Detailed Look at the Ryan Budget

The Bipartisan Policy Center has a detailed look at the Ryan budget, comparing it on various budget metrics to the most recent Debt Reduction Task...
Mar 13, 2013

MY VIEW: David Walker

Not all deficit reduction is equal. Our debt problem is primarily driven by population aging, health care cost growth, and an inefficient tax code....
Mar 13, 2013

Event: Debating America's Debt Challenges and Recovery Options

Update: The event is in progress and the livestream can be seen belowTomorrow, The Atlantic will be hosting an Economy Summit, "Debating America...

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