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.

Discretionary Savings in the Bipartisan Path Forward

Over the past few years, lawmakers have made the most progress in discretionary spending in the deficit reduction effort. Additional opportunities...
Apr 29, 2013 | Budgets & Projections

Budget Enforcement Provisions in the Bipartisan Path Forward

As we have written before, key elements of the Bipartisan Path Forward focus on reducing the debt as a percentage of GDP over the long term. ...
Apr 29, 2013 | Budgets & Projections

MY VIEW: Erskine Bowles and Alan Simpson

Erskine Bowles and former Senator Alan Simpson (R-WY), the two former co-chairs of the Fiscal Commission, have spent the last two and a half year...
Apr 26, 2013 | Social Security

Fact Checking the Harkin Resolution

This week, Senator Tom Harkin (D-IA) introduced a concurring resolution that would establish a sense of Congress that chained CPI should not be used...

How Simpson and Bowles Protect the Disadvantaged

Among the principles outlined by former Fiscal Commission co-chairs Senator Al Simpson and Erskine Bowles in their new plan A Bipartisan Path Forward...
Apr 26, 2013

MY VIEW: Maya MacGuineas

Putting debt on a sustainable path has been a key issue in Washington ever since the Fiscal Commission showed that a bold compromise would be needed...
Apr 25, 2013

Line Items: Draft Edition

Making the Call – The NFL Draft kicks off Thursday. Unlike previous drafts, there is much uncertainty as to who will go where....
Apr 25, 2013

War Spending as Sequester Replacement? Just Don't Do It

With news yesterday that the Senate might consider a bill to replace the sequester for 2013 with a drawdown of war spending, CRFB reacted in a press...
Apr 25, 2013 | Taxes

Tax Reform in A Bipartisan Path Forward

Recent reports from Capitol Hill show momentum for tax reform is building.  Both the House Ways and Means and Senate Finance Committees have...
Apr 24, 2013 | Budgets & Projections

The President's Budget in the Long Term

Continuing our analysis of the President's FY 2014 budget proposal, we turn to how the President's budget would affect long-term revenues and...

New Simpson-Bowles Plan Would Boost Economic Growth, Not Slow It

Some commentators have criticized deficit reduction plans like "A Bipartisan Path Forward" for, in their opinion, promoting austerity at a...
Apr 24, 2013 | Health Care

Why the Health Care Slowdown Is Unlikely to Last

Last month, we looked at reasons why some projections showing a slowdown health care costs most likely will not pan out.  Although the recent...
Apr 23, 2013 | Social Security

CBPP Takes a Look at the President's Chained CPI Proposal

Previously on The Bottom Line, we have shown how the chained CPI could be a 6 percent benefit cut or a 25 percent benefit increase, depending on how...

The Bipartisan Path Forward's Medicare Buy-in

In an effort to bridge differences in long-term structural reforms to federal health spending, former Fiscal Commission co-chairs Senator Al Simpson...

How Simpson and Bowles Plan to Bend the Health Care Cost Curve

In their new deficit reduction proposal, A Bipartisan Path Forward, former Fiscal Commission co-chairs former Senator Al Simpson (R-WY) and Erskine...
Apr 22, 2013 | Budgets & Projections

"A Bipartisan Path Forward" and the Long Term

Erskine Bowles and Alan Simpson's new plan, "A Bipartisan Path Forward to Securing America's Future," saves $2.5 trillion to $2.85...

CBO Takes a Look at the CPI-E

Opponents of the chained CPI often propose an alternative index for cost-of-living adjustments, the experimental CPI for Americans 62 years of age...
Apr 19, 2013 | Budgets & Projections

Comparing the Bipartisan Path to Other Budget Proposals

Earlier today, Fiscal Commission co-chairs Erskine Bowles and Alan Simpson released a new comprehensive debt reduction plan with $2.5 trillion of...
Apr 19, 2013 | Budgets & Projections

Simpson and Bowles Release "A Bipartisan Path Forward"

Today, the former co-chairs of the Fiscal Commission, former Senator Alan Simpson (R-WY) and Erksine Bowles, released "A Bipartisan Path Forward...
Apr 18, 2013

Line Items: Late Filing Edition

Taxing Time – This week was initially about the federal tax filing deadline, but the tragedies in Boston and Texas have shifted attention away...

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