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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Quantifying the Cost of Waiting to Address Debt
The Congressional Budget Office's (CBO) Long-Term Budget Outlook shows a clearly unsustainable debt path over the long term, one that policymakers...
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Dissecting the Good Health Care Spending News in CBO's Long-Term Outlook
The Congressional Budget Office’s (CBO) new Long-Term Budget Outlook presents plenty of good news on Medicare costs yet still highlights the role that...
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High Debt Drags Down The Economy
New calculations in the Congressional Budget Office's Long-Term Budget Outlook show that the high debt projected under current law could diminish...
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Without Budget Discipline, a Spending Spree Ensues
Budget rules require new policies to be paid for with savings elsewhere in the budget. Policymakers must balance the new policy against the choices...
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CBO: Social Security Trust Fund To Be Exhausted 1 Year Earlier, in 2030
One of the biggest stories of last year's long-term outlook was the deterioration in Social Security's financial picture. Largely due to CBO's...
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CRFB Analyzes the CBO Long-Term Outlook
CBO's Long-Term Budget Outlook is a long and detailed 140-page document – filled to the brim with facts, figures, scenarios and assumptions – and...
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CBO Releases 2014 Long-term Outlook
Earlier today, the Congressional Budget Office (CBO) released its latest Long-Term Budget Outlook. Although CBO normally makes ten-year projections...
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CRFB Examines the Budget Process At Age 40
Yesterday, the Commmittee for a Responsible Federal Budget released a paper detailing the problems with the federal budget process. In light of the...
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CRFB President Maya MacGuineas to Speak at the Peterson Institute Today
Today at 12.15 p.m., the Peterson Institute for International Economics is hosting a book launch for "Post-crisis Fiscal Policy," a book by the...
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How Much of a Payroll Tax Increase Would It Take to Fix Social Security?
Around this time of year, the Social Security Trustees usually issue their report on the status of the program over the next 75 years. In advance of...
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Mid-Session Review Shows Worse Outlook for President's Budget
The Office of Management and Budget (OMB) this afternoon released the Mid-Session Review, updating its budgetary and economic estimates for the...
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Bipartisan Agreement on Gimmicks to Fund the Highway Trust Fund
Both the House Ways and Means Committee and the Senate Finance Committee approved legislation on Thursday to fund a short-term patch for the Highway...