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.

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...
Apr 18, 2013 | Health Care

Bipartisan Policy Center's $560 Billion Plan to Lower Health Care Costs

A new report by the Bipartisan Policy Center’s (BPC) Health Care Cost Containment Initiative was released today containing roughly $560 billion...
Apr 18, 2013 | Social Security

House Ways and Means Looks at the Chained CPI

Today, the House Ways and Means Subcommittee on Social Security held a hearing on using the chained CPI to determine Social Security cost-of-living...
Apr 18, 2013 | Budgets & Projections

How The President's Budget Would Look In 2023

Our next blog post in our series analyzing the President's budget will look at where the budget leaves revenue and spending by the end of the decade...
Apr 18, 2013 | Social Security

Live: Ways and Means Holds Hearing on Chained CPI

Tune in now as the House Committee on Ways and Means Subcommittee on Social Security holds a hearing focusing on the use of the chained CPI to...

How Does the President Achieve His Health Care Savings?

Included in the President’s FY 2014 budget proposal is a $400 billion package of health care savings. As we described in our analysis of his...
Apr 17, 2013 | Budgets & Projections

The Sequester and the Baseline

Since the President's budget was released last week, there has been an ongoing debate over how much it saves. We’ve tried to shed light on this...
Apr 17, 2013 | Taxes

Revenue Provisions in the President's Budget

For the first time in a few days, Tax Day did actually fall on April 15, so hopefully the tax procrastinators out there were able to get their filing...
Apr 16, 2013 | Social Security

Is Chained CPI a 6 Percent Benefit Cut or a 25 Percent Benefit Increase?

With the President proposing switching to the chained CPI to measure inflation, the attack dogs are out. We've written on the merits of moving to the...
Apr 15, 2013 | Social Security

Three Voices in Support of the Chained CPI

Given the chained CPI is primary a technical adjustment to more accurately measure inflation, support for the change can be found among experts...
Apr 15, 2013 | Budgets & Projections

How the President's Budget Deals With Temporary Policies

A common affliction of the federal government in recent years has been the many temporary extensions of certain spending or tax benefits. Because...
Apr 15, 2013

Erskine Bowles to Speak at the Associated Press at 12:30 PM Today

Fiscal Commission co-chair Erskine Bowles will be addressing the Associated Press at their annual meeting in Orlando today. The event is co-hosted by...
Apr 15, 2013 | Taxes

MY VIEW: Maya MacGuineas

It's Tax Day, meaning that those who procrastinated spent their weekends trying to work through our overly-complex tax code. The federal code...
Apr 15, 2013

GAO's Long-Term Budget Outlook

Last week, the Government Accountability Office (GAO) released its long-term fiscal outlook, presenting both long-term projections and estimates of...

The President's Proposed Chained CPI Protections

Much of the early debate surrounding President Obama’s FY 2014 budget concerns his inclusion of the chained Consumer Price Index (C-CPI), a...
Apr 12, 2013 | Budgets & Projections

The House, Senate, and President's Budgets: A Comparison

As we mentioned on Wednesday, budget season can often be as confusing as it is clarifying. While it would seem that both chambers and the President...
Apr 11, 2013 | Budgets & Projections

CRFB Breaks Down the President's Budget

Yesterday, we took our first look at the President's FY 2014 Budget, which put forward the final White House deficit reduction offer to Speaker...
Apr 10, 2013 | Budgets & Projections

The President's Budget, In One Table

Update: The table and text have been updated to include the baselines in the House and Senate budget resolutions. A common source of confusion when...
Apr 10, 2013 | Budgets & Projections

An Overview of the President's Budget

While we will have detailed analysis of various parts of the President's budget throughout the week and into next week, it is important to first show...
Apr 10, 2013 | Budgets & Projections

The Budget is Here

President Obama has just released his FY 2014 budget proposal, putting forward his last offer in the negotiations leading up to the fiscal cliff, in...

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