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 4, 2013 | Budgets & Projections

Burwell Nominated for OMB Director

In a move that had been anticipated for a while, the Obama Administration has nominated Sylvia Mathews Burwell to be the next OMB director. Jeff...

Alter: Why Entitlement Reforms Are Essential

Friday at 11:59 PM, sequestration officially began, triggering sharp across-the-board cuts without much progress on bipartisan replacement plan. Our...
Mar 1, 2013 | Taxes

Brookings Rethinks...New Revenue Sources

Throughout the week we have been breaking down the new report from the Brookings Institution's Hamilton Project, "15 Ways to Rethink the Federal...
Mar 1, 2013 | Social Security

Chained CPI Estimated to Reduce Deficit by $340 Billion

We've written extensively on the chained CPI, which represents both a more accurate measure of inflation and a policy change which would result in...
Mar 1, 2013 | Health Care

Concord Coalition: It's Not Just a Health Care Problem

We've said frequently on this blog that controlling health care spending will be a crucial part of putting the debt on a sustainable path. After all...
Feb 28, 2013 | Taxes

CBPP: Tax Expenditures Are Ripe for the Picking

Tax expenditures have been a hot topic lately as a way to raise additional revenue for a deficit reduction plan that could replace sequestration....
Feb 28, 2013 | Budgets & Projections

Brookings Rethinks...Natural Disasters, Transportation, Visas & Housing

Our fourth blog on "15 Ways to Rethink the Federal Budget," a new report from the Brookings Institution's Hamilton project examines...
Feb 27, 2013 | Social Security

Brookings Rethinks...Disability Insurance

We have been working our way through the “15 Ways to Rethink the Budget” report from the Brookings Institution’s Hamilton Project....
Feb 27, 2013

Sen. Graham And Others Call for Entitlement and Tax Reform

Sen. Lindsey Graham (R-SC) put revenue on the table Monday night, in an interview on CNN's The Situation Room. Graham spoke out against sequestration...
Feb 27, 2013

My VIEW: Bill Frenzel

We've talked a great deal about how sequestration is bad policy, but that the worst outcome would be to cancel the sequester without offsets. In the...
Feb 26, 2013

Brookings Rethinks...Tax Expenditures

We have been working our way through the "15 Ways to Rethink the Budget" report from the Brookings Institution's Hamilton Project, first...
Feb 26, 2013 | Health Care

Brookings Rethinks...Medicare

As promised, the Brookings Institution's Hamilton Project has released the remaining papers in its series "15 Ways to Rethink the Budget."...
Feb 26, 2013 | Taxes

Tax Expenditures For Higher Education Rival Spending on Pell Grants

One of the lesser known provisions of the American Taxpayer Relief Act is the extension of the refundable American Opportunity Tax Credit (AOTC...
Feb 26, 2013

Line Items: Sequester Edition

Sequester Week – It’s all about sequestration this week as the March 1 deadline for the $85 billion in across-the-board cuts looms (read...
Feb 25, 2013

Can Our National Leaders Pass the Test?

Most everyone – from President Obama, Speaker Boehner, and lawmakers from both sides of the aisle, to renowned economists – agrees ...
Feb 25, 2013 | Other Spending

Unintended Consequences of the Sequester

There has been a lot of talk about the sequester in recent weeks as the latest in a long line of fiscal stand-offs ensues in Washington. In FY 2013,...
Feb 22, 2013

Talking Sequester and Debt in Idaho

CRFB's Maya MacGuineas joined former Sen. Alan Simpson (R-WY), Sen. Mark Warner (D-VA), Sen. Mike Crapo (R-ID) and Rep. Mike Simpson (R-ID) at the...
Feb 22, 2013

New Paper Shows We Are Getting Close to a Tipping Point on Debt

Today, a new paper was presented at the U.S. Monetary Policy Forum by David Greenlaw, James Hamilton, Peter Hooper and Frederic Mishkin on a possible...
Feb 22, 2013 | Budgets & Projections

Brookings Rethinks and Remakes the Federal Budget

Today, the Hamilton Project at the Brookings Institution will be kicking off its "15 Ways to Rethink the Federal Budget" project with an...
Feb 21, 2013 | Budgets & Projections

FAQ's About the New Framework From Simpson and Bowles

On Tuesday, former Fiscal Commission co-chairs Erskine Bowles and Alan Simpson released a framework that calls for an additional $2.4 trillion in...

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