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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Senate Democratic Proposal and Other Plans to Replace the Sequester
Update: This post has been updated as of February 27, 2013 to reflect new proposals from the Senate Republicans With time running out before the...
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Our Reaction to the State of the Union
Last night, President Obama delivered the first State of the Union address of his second term. The President's speech covered a wide range of issues...
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House Ways and Means Committee Presses Forward
The Hill is reporting that the House Ways and Means Committee will take the next step in creating a broad tax reform plan by announcing 11 separate...
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Previewing the State of the Union
At 9:00 PM E.T. tonight, President Obama will deliver his State of the Union address to Congress. With many fiscal issues left to be resolved in the...
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Line Items: Year of the Snake Edition
Happy New Year – The Chinese New Year was ushered in over the weekend and 2013 is the year of the Snake. According to at least one horoscope, “This...
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The New Target: At Least $2.4 Trillion of Additional Deficit Reduction
President Obama was recently quoted in the Washington Post as saying that an additional $1.5 trillion of deficit reduction would hit the $4 trillion...
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Prospects for a Permanent Doc Fix Improve
A popular secondary story from the newest CBO baseline centers on the "doc fix," the patch that prevents a large cut to physician payments due to the...
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The CRFB Realistic Projections
Analyses of the CBO budget baseline generally focus on the current law baseline, the one that CBO presents in most detail. In the past, we constructed...
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What's Changed Since August?
In CBO’s latest Budget and Economic Outlook, much has changed since their August baseline. As we explain in our report on the February baseline, the...
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The Fiscal Speed Bumps Ahead: After the Debt Ceiling
Last month, we highlighted the “fiscal speed bumps” resulting from the fiscal cliff deal. With the signing of the bill which temporarily waived the...
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MY VIEW: David Walker February 2013
Former U.S. comptroller general and CRFB board member David Walker writes in a Poltico op-ed about the need for lawmakers to focus on reaching a...
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The Economic Outlook in CBO's New Budget Baseline
CBO's new budget baseline released yesterday relies on its own economic projections over the next decade. After comparing their economic projections...