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.

CBO Reports on Social Security

August 8 - Today, the Congressional Budget Office (CBO) released its Long-Term Projections for Social Security. According to the CBO: "...
Aug 6, 2009 | Budgets & Projections

CBO Releases Budget Options Volume 2

August 6 - Today, the CBO released the second of two lengthy reports outlining the budgetary options of various policies likely to be undertaken by...
Aug 5, 2009

Top Senate Democrats Look to Reinforce Cash for Clunkers Before Recess

August 5 - Harry Reid and other top Senate officials are confident that a vote to extend the Car Allowance Rebate System (Cash for Clunkers program)...

Taxing the Middle Class

August 4 - Yesterday, White House Press Secretary Robert Gibbs reiterated the administration's pledge not to raise taxes on Americans earning less...
Jul 31, 2009 | Economics

Second Quarter U.S. GDP and the Stimulus Package

July 31 - U.S. real GDP declined by 1.0% (annual rate) in the second quarter, the fourth straight quarterly drop, according to today's report by the...
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Jul 31, 2009 | Budgets & Projections

House and Senate Work to Finish FY 2010 Appropriations Bills

July 31 - Yesterday, the House passed its final FY 2010 appropriations bill, but, in the process, disregarded requests from the Pentagon and Obama...
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Jul 30, 2009 | Health Care

CRFB Release Urges Health Care Cost Controls

July 30 - Yesterday, CRFB put out a release urging policymakers to focus on controlling costs associated with current health care reform efforts. The...
Jul 29, 2009 | Health Care

House and Senate Move Closer to Health Care Reform

July 29 - Both the House and Senate announced today that influential legislators had helped negotiate compromises aimed at pushing health care reform...
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Jul 28, 2009 | Budgets & Projections

China Continues to Question U.S. Debt Security

June 28 - Martin Crutsinger reports today that, at least behind closed doors, China has been raising serious concerns about the state of the US...
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New CBO Reports on Health Care Reform

July 27 - This weekend, the Congressional Budget Office (CBO) released two very significant reports, Additional Information Regarding the Effects of...
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Jul 24, 2009 | Budget Process

The Statutory Pay-as-You-Go Act of 2009

July 24 - This week the House passed statutory PAYGO legislation requiring spending and tax cuts to be offset in a deficit-neutral fashion. While...
President Obama
Jul 24, 2009 | Health Care

Obama Interview with the Washington Post

July 24 - Read Fred Hiatt's excellent interview with President Obama on health care reform and the need to deal with the fiscal crisis....
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Jul 22, 2009 | Budget Process

House Passes Statutory PAYGO

Today, the House of Representatives passed statutory pay-as-you-go (PAYGO) legislation, which would require that all new mandatory spending and tax...
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Jul 21, 2009 | Health Care

CRFB Releases "Health Care and the Federal Budget"

July 21 - Today the Committee for a Responsible Federal Budget released "Health Care and the Federal Budget," which looks at the state of...
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Jul 21, 2009 | Economics

Fed Chairman Bernanke Reports to Congress

July 21 - Federal Reserve Board Chairman presented his twice a year monetary policy testimony and the Fed's semi-annual monetary policy report to...

CBO Estimates House Health Care Bill

July 18 - Yesterday, the CBO released preliminary cost estimates for the House Tri-Committee health care reform bill. According to the CBO, the bill...
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Jul 17, 2009 | Economics

NEC Director Summers at Peterson Institute

July 17 - President Obama's chief economic adviser Lawrence Summers spoke today to the Peterson Institute for International Economics on "...
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Administration Urges Creation of Independent Medicare Advisory Council to Help Control Costs

July 17 - Today OMB Director Orszag urged Speaker Pelosi to support a Base Realignment And Closure-like (BRAC) process for reviewing Medicare changes...
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Jul 16, 2009 | Economics

Cross Currents in the Economy and Financial System

July 16 - Cross currents in the U.S. economy are particularly evident today and illustrate why it is so difficult to figure out where the economy is...
Health Care_Doctor
Jul 14, 2009 | Health Care

Costs and Offsets in the House Tri-Committee Health Care Reform Plan

July 14 - Earlier today, House Democrats released a draft of the America's Affordable Health Choices Act , along with a series of summary...

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