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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House Resolution Continues Last Year’s Spending, Mostly
Update: The House Rules Committee made in order an amendment by Armed Services Committee Chairman Howard McKeon (R-CA) to authorize funding to arm the...
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More Interesting Charts from CBO Director Elmendorf's Presentation
Earlier in the week, we highlighted a portion of CBO Director Doug Elmendorf's presentation at Cornell University highlighting the increased resources...
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Reps. McCrery and Pomeroy Launch SSDI Solutions Initiative
Former Congressmen Jim McCrery (R-LA) and Earl Pomeroy (D-ND) today launched the McCrery-Pomeroy SSDI Solutions Initiative, a bipartisan effort to...
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Elmendorf: Health Care, Social Security, and Interest Spending Will Consume More of the Budget
In a recent presentation at Cornell University, CBO Director Doug Elmendorf explained how the budget is projected to change over time. More resources...
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House Jobs Plan Doesn't Work for the Deficit
House Republicans plan to vote this week on a jobs package combining bills that would "build a robust economy and foster job creation." While...
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Rendell: Progressives Should Get Serious About Cutting Nation’s Debt
Former Pennsylvania governor and Fix the Debt Campaign co-chair Ed Rendell (D) has penned an op-ed arguing that progressive candidates should care...
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Inverting the Rewards of Inversions
Senators Chuck Schumer (D-NY) and Dick Durbin (D-IL) have introduced legislation that would reduce the benefits to companies that choose to "invert,"...
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Appropriations Watch: FY 2015
Note: For the latest fiscal year, click here . Final FY2015 funding was settled through the " CROmnibus" bill in December 2014 and March 2015 Homeland...
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CFED: Housing Tax Incentives are Upside Down
Tax breaks for homeowners are one of the largest categories of tax breaks offered by the federal government. A new report by the Corporation for...
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CBO: GSE Reform Saves $58 Billion (Or $7 Billion)
One of the bills to replace Fannie Mae and Freddie Mac and overhaul the housing finance system just got a verdict from CBO: it will save $58 billion...
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What Happened to Interest Rates?
One of the biggest stories in CBO's August budget update was the huge downward revision to expected spending on interest to service the debt, down by...
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Medicare Growth Continues to Be Slow
Prior to the release of CBO's August baseline, we surmised that one of the revisions to the budget would come from Medicare, whose growth in 2014 had...