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.
One Simple Way to Undermine Fiscal Credibility
A new report from the Center for American Progress argues that roughly 60 percent of the sequester should be waived in light of the savings from the...
Congress's Next Play: Don't Punt, Go For It!
We hope all of our readers enjoyed their Thanksgiving holiday. The long weekend brought some fantastic rivalry games, Michigan-Ohio State, Auburn...
Line Items: Thanksgiving Edition
Giving Thanks...and Little Else – As we prepare to spend time with family and celebrate Thanksgiving, Congress gave itself a head start on the holiday...
Policymakers Must Not Double-Count Retirement Savings
As budget conference committee chairs Patty Murray and Paul Ryan appear to be moving closer to a partial sequester-replacement deal, reports suggest...
MY VIEW: Alice Rivlin and Pete Domenici
With Congress is in recess, it's likely we won't see a deal this week, but the December 13th deadline for the budget conference committee is fast...
Rethinking Tax Incentives for Education
Efforts to reform the tax code are picking up steam, with several tax plans introduced in the last month. In the House, Ways & Means Chairman Dave...
Baucus Releases Cost Recovery Draft
This week, Senate Finance Chairman Max Baucus (D-MT) has been moving forward with tax reform, releasing three discussion drafts. On Tuesday, he...
Treasury Set to Exit GM By Year's End
The New York Times is reporting that the Treasury Department will sell its remaining shares in General Motors, bringing to an end its five-year...
CBO Finds Defense Plan's Cost Will Likely Exceed Defense Budget
Every year, CBO analyzes the Department of Defense's Future Years Defense Program (FYDP), most recently done last March. As has been the case over the...
Looking Beyond the Ten-Year Window
Our paper released yesterday detailed how our long term debt problems are far from solved, making clear the unsustainability of federal debt over the...
CBO Predicts the "X Date"
Given the nature of debt ceiling politics lately, estimating when the federal government will start defaulting on obligations has become a common...
Baucus Releases Tax Administration Draft
This week, Senate Finance Chairman Max Baucus (D-MT) is moving forward with tax reform, releasing three discussion drafts. Yesterday, he released a...