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.
Image
CBO Finds Defense Plan's Cost Will Likely Exceed Defense Budget
Every year, CBO analyzes the Department of Defense's Future Years Defense Program (FYDP), most recently done last March. As has been the case over the...
Image
Looking Beyond the Ten-Year Window
Our paper released yesterday detailed how our long term debt problems are far from solved, making clear the unsustainability of federal debt over the...
Image
CBO Predicts the "X Date"
Given the nature of debt ceiling politics lately, estimating when the federal government will start defaulting on obligations has become a common...
Image
Baucus Releases Tax Administration Draft
This week, Senate Finance Chairman Max Baucus (D-MT) is moving forward with tax reform, releasing three discussion drafts. Yesterday, he released a...
Image
CRFB Shows that Long-Term Problems Remain Very Far From Solved
Today, CRFB has released a new paper, Our Long-Term Debt Problems Are Very Far from Solved, which shows while recent improvements may have benefited...
Image
Baucus Releases International Tax Reform Draft
This week, Senate Finance Committee Chairman Max Baucus (D-MT) is moving ahead with tax reform, starting with the release of discussion drafts on...
Image
Line Items: Gettysburg Address Edition
Historic Moment – On this day 150 years ago, President Abraham Lincoln delivered the Gettysburg Address dedicating the new national cemetery at the...
Image
Tax Extenders: PAYGO or No Go
The year is rapidly coming to a close, with only 11 days left that the House plans to be in session. Before the year's end, Congress is supposed to...
Image
My View: Judd Gregg November 2013
Though the government shutdown ended a little over a month ago, its effects still linger on. In an editorial published today in The Hill, former...
Image
The King Plan: A Window Into a "Go Medium" Deal
In addition to CBO director Doug Elmendorf's testimony, yesterday's budget conference committee meeting produced another notable moment: a proposal...
Image
CBO Director Examines Drivers of Health Care Spending Growth
As the conferees met yesterday, any doubt that we can afford to wait on the long-term debt problem should have quickly been erased after CBO Director...
Image
CBO Takes a Look at the Distribution of Taxes and Transfers
On Monday, we took a look at the breakdown of federal spending and taxes by the type of household, particularly between elderly and non-elderly...