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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Will Military Compensation Reform Get the Green Light?
After a more than a year-long process, the Military Compensation and Retirement Modernization Commission released its final report yesterday...
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What to Expect From the President's FY 2016 Budget
On Monday, the President is scheduled to release his FY 2016 Budget. Based on press reports, we know some rough outlines of what he will be proposing...
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All About That Baseline
After we sent out our weekly Bottom Line weekly email with the subject line, "All About that CBO Baseline," we started getting requests for the full...
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Ignoring PAYGO Could Add $2.5 Trillion to the Debt
CBO's official budget estimates rely on general adherence to current law, meaning that no new laws are passed other than to keep the government...
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George V. Voinovich: Obama Must Put Some Muscle Behind Gasoline-tax Increase
George V. Voinovich is a former senator and governor of Ohio and a member of the Committee for a Responsible Federal Budget. He wrote a commentary...
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Trust Fund Deadlines Are Closing In
In addition to updating budget projections, CBO's baseline also looks at the state of various government trust funds over the next ten years. Two of...
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How Much Savings Would It Take to Make Debt Sustainable?
CBO's budget outlook, little changed since its last update, shows the same story it has for a few years: the debt picture will stabilize through about...
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CRFB Publishes Analysis of CBO's 2015 Budget and Economic Outlook
Yesterday, CRFB published an analysis of CBO’s latest Budget and Economic Outlook. The six-page document summarizes the forecasts and emphasizes the...
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CBO Report Shows Return of Trillion-Dollar Deficits
Trillion-dollar deficits are coming back in 2025. That's one of the many stories told by the new budget update released today by the Congressional...
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We Need To Improve Focus on the Long Term
Today CRFB released a new paper as part of our Better Budget Process Initiative titled " Improving Focus on the Long Term." The budget process focuses...
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Are the Discretionary Spending Caps Sustainable?
The biggest piece of deficit reduction that lawmakers have accomplished so far is the series of caps on annually appropriated discretionary spending...
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Energy and Commerce Holds First Hearing on SGR
The House Energy and Commerce (E&C) Health Subcommittee yesterday held the first of two hearings on the Sustainable Growth Rate (SGR) formula for...