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.
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The Benefits of Medicare Benefit Redesign
In a little over one month, lawmakers will face their second significant Fiscal Speed Bump of the year when the one-year "doc fix" expires. At that...
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Yellen: High Debt Could Undermine Flexibility
Federal Reserve Chair Janet Yellen delivered testimony on the Semiannual Monetary Policy report to the Senate Banking Committee on Tuesday. Not...
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CRFB's Ed Lorenzen Testifies to Congress on SSDI
This afternoon, Ed Lorenzen, Senior Advisor for the Committee for a Responsible Federal Budget, will testify in front of the Ways and Means...
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Business Tax Reform Chapter Lays Out Administration's Thinking
The Council of Economic Advisers released its 2015 Economic Report of the President last week, discussing several recent economic developments and how...
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Rudolph Penner: Dynamic Scoring Won't Be Perfect But it is Worth Doing
Rudolph Penner was the director of the Congressional Budget Office from 1983 to 1987, and he is an Institute Fellow at the Urban Institute and a...
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CBO Closes the Book on the 2009 Stimulus
CBO unofficially closed the books on the American Recovery and Reinvestment Act (ARRA, or the 2009 stimulus), putting out its final report on the...
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Jim Kolbe and Charlie Stenholm: Congress Can't Dodge Social Security Disability Insurance Trust Fund's Approaching Insolvency
Jim Kolbe and Charlie Stenholm are former members of Congress and members of the Committee for a Responsible Federal Budget. Jim Kolbe (R-AZ) served...
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Joyce Reflects on CBO at 40
Next Tuesday will be the 40th anniversary of the beginning of the Congressional Budget Office, and University of Maryland Professor Phillip Joyce has...
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Not Living Up to Potential: CBO Sheds Light On Its Economic Projections
As we've mentioned frequently, budget projections and economic forecasts are inextricably linked in determining both the nominal dollar budget numbers...
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Evaluating The Cost of Climate Change
We've written extensively about the President's budget since it was released, both in our analysis of the budget and in our blog series. Also notable...
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The President’s Social Security Proposals
The President proposed last week, through his FY 2016 budget, a number of proposals to reform Social Security in small ways, including measures to...
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House Considers $320 Billion of Tax Cuts
The House of Representatives is considering this week whether to revive several tax breaks known as the "tax extenders" and add their cost to the...