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.
CBO Looks at a Carbon Tax
The revenue debate in DC is one that is often focused on the individual income tax system. But one option to raise revenue is to use new taxes that...
The $21 Billion TARP
Yesterday, the CBO released its latest estimate of the subsidy cost of the Troubled Asset Relief Program (TARP). The estimate serves as a...
The Time for Social Security Reform is Now
Today, the House Ways and Means Subcommittee on Social Security held a hearing on bipartisan proposals to reform Social Security. Members of the...
CED Responds to New CBO Projections
As we have written before, the CBO recently released updated projections that show an improvement in the fiscal climate. Based on CRFB’s realistic...
Live: Ways and Means Holds Hearing on Social Security Bipartisan Benefit Reforms
Tune in as the House Committee on Ways and Means Subcommittee on Social Security will hold a hearing on bipartisan proposals to reform Social Security...
Chairman Bernanke Testifies Before the Joint Economic Committee
This morning, Federal Reserve Chairman Ben Bernanke testified before the Joint Economic Committee regarding the current economic climate. He noted...
Boskin on Debt and Growth
In light of the recent controversy over the findings from economists Carmen Reinhart and Ken Rogoff on the relationship between debt and growth, there...
Line Items: Debt Ceiling Edition
Taking It to the Limit – The statutory debt ceiling is back. The temporary suspension of the debt limit enacted earlier this year was lifted on May 19...
House Democrats Take Another Crack at Sequester Replacement
Although efforts to replace the sequester have been on hold for a while, the House Democrats, led by House Budget Committee ranking member Chris Van...
The Re-Estimated Bipartisan Path Forward
The CBO has now spoken on how the President's budget would affect the fiscal outlook. Debt would fall to 70 percent of GDP by 2023, compared to 73...
CRFB Breaks Down CBO's Estimate of the President's Budget
As a follow up to our initial reaction to CBO's estimates of the President's budget, CRFB has released a full report that breaks down the analysis...
CBO Releases Analysis of President Obama's FY 2014 Budget
Today, the Congressional Budget Office (CBO) released its analysis of President Obama’s FY 2014 budget request. CRFB has released a reaction to the...