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.
Previewing the State of the Union
At 9:00 PM E.T. tonight, President Obama will deliver his State of the Union address to Congress. With many fiscal issues left to be resolved in the...
Line Items: Year of the Snake Edition
Happy New Year – The Chinese New Year was ushered in over the weekend and 2013 is the year of the Snake. According to at least one horoscope, “This...
The New Target: At Least $2.4 Trillion of Additional Deficit Reduction
President Obama was recently quoted in the Washington Post as saying that an additional $1.5 trillion of deficit reduction would hit the $4 trillion...
Prospects for a Permanent Doc Fix Improve
A popular secondary story from the newest CBO baseline centers on the "doc fix," the patch that prevents a large cut to physician payments due to the...
The CRFB Realistic Projections
Analyses of the CBO budget baseline generally focus on the current law baseline, the one that CBO presents in most detail. In the past, we constructed...
What's Changed Since August?
In CBO’s latest Budget and Economic Outlook, much has changed since their August baseline. As we explain in our report on the February baseline, the...
The Fiscal Speed Bumps Ahead: After the Debt Ceiling
Last month, we highlighted the “fiscal speed bumps” resulting from the fiscal cliff deal. With the signing of the bill which temporarily waived the...
MY VIEW: David Walker February 2013
Former U.S. comptroller general and CRFB board member David Walker writes in a Poltico op-ed about the need for lawmakers to focus on reaching a...
The Economic Outlook in CBO's New Budget Baseline
CBO's new budget baseline released yesterday relies on its own economic projections over the next decade. After comparing their economic projections...
The Economic Benefits of Deficit Reduction
On the same day they released their February Baseline projection, the Congressional Budget Office (CBO) released a companion report on Macroeconomic...
CRFB Releases Analysis of CBO's February Baseline
CBO's release of its annual Budget and Economic Outlook is a treasure trove of information, sometimes not easily digestible. To help put all that...
It's Showtime: CBO's New Budget and Economic Projections
For 49ers and Ravens fans, the Super Bowl was the big game of the 2012 NFL season. For budget wonks, today is that day, as CBO has released its budget...