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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IPAB is Still Necessary
Last Congress, H.R. 452 was introduced in the House to repeal the Independent Payment Advisory Board (IPAB), a 15 member board of Senate-confirmed...
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Why We Can't Wait to Act on the Debt
Last week, Paul Krugman took issue with Tom Friedman's comparison between climate change and the debt situation, but unfortunately missed the mark...
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House Passes Short-Term Debt Limit Extension
Update: The Bipartisian Policy Center has created an interactive debt ceiling timeline, which can be found here. Today the House passed a temporary...
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MY VIEW: Gene Steuerle January 2013
Urban Institute Fellow and CRFB board member Gene Steuerle suggests that the greatest challenge for today's lawmakers is not action, but realizing...
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How the Sequester Looks After the Fiscal Cliff Deal
Along with a two month delay until March 1, the fiscal cliff deal reduced the across-the-board cuts under sequestration for 2013 by $24 billion...
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Line Items: Inauguration Edition
New Term of Office, New Terms of Debate? – President Obama kicked-off his second term on Monday with the official inauguration ceremonies in...
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New Developments with the Debt Ceiling
The House is pressing forward this week on debt ceiling legislation that contains a few different moving parts. The bill would buy lawmakers some more...
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MY VIEW: Jim Kolbe January 2013
Yesterday, CRFB board member and former Congressman Jim Kolbe (R-AZ) illustrated in The Arizona Republic that only a package that includes substantial...
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Waiting to Make Changes Is Not the Answer
In a New York Times op-ed the other day, Paul Krugman argues that the urgency and significance of the debate over the federal budget deficit are...
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Hindsight is 20/20: A Look Back at CBO's Economic Forecasting
Our recent blog " Putting the Debt on a Downward Path" emphasizes how changes in economic projections can affect the budget for better or for worse...
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MY VIEW: Judd Gregg January 2013
In an op-ed in the Hill, former Senator Judd Gregg (R-NH) is calling on Congressional Republicans not to use the debt ceiling as leverage for...
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The Fiscal Speed Bumps Ahead
Although labeled as the " fiscal cliff deal," the American Taxpayer Relief Act (ATRA) enacted into law left many budget issues unresolved or only...