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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CBO: The Role of Automatic Stabilizers in Deficits
Yesterday, CBO released a report on the effect of automatic stabilizers on the deficit, showing that in recent years, they have added hundreds of...
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The Case for a Debt Failsafe
Yesterday, CRFB released an analysis of President Obama's new deficit reduction framework meant to save $4 trillion dollars over 12 years. Using CBO's...
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CRFB Releases Paper Analyzing President's Framework
This morning, CRFB released a paper analyzing President Obama's new budget framework which the President laid out last week in a speech at the George...
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Ideas for Improving IPAB
As our readers know, CRFB is a big proponent of the Independent Payment Advisory Board (IPAB) created under health reform to control Medicare cost...
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The IMF on Fiscal Adjustments
As we have been looking at a number of fiscal plans for the US recently, the IMF has a useful appendix in its most recent Fiscal Monitor on what has...
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CBO Releases Full Analysis of President's Budget
The Congressional Budget Office has released its full analysis of President Obama's FY 2012 budget request. While the new report goes into greater...
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Trouble Ahead? S&P Cuts US Ratings Outlook
Today, the S&P has cut the US ratings outlook from stable to negative, while maintaining our triple-A rating. While this does not represent a direct...
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‘Line’ Items: Tax Day Edition
Happy Tax Day – Today is about the consequences of procrastination for the great many waiting until the last minute to file their federal income tax...
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A Special 10/40
In the spirit of Tax Day today the Bottom Line presents its own special “10/40” (don’t worry; we aren’t filing this with the IRS). Just saying the...
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Actually, Comprehensive Tax Reform Can Be Progressive
Congressman Ryan has come under attack, recently, for the tax reform framework in the House Republican budget proposal. CBPP calls it "huge tax...
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Giving Taxpayers a Receipt
Just in time for Tax Day on Monday, the White House website has launched a taxpayer receipt. By entering what one has paid in federal taxes, the new...
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Rep. Cooper Withdraws Amendment, but Effort Was Not in Vain
Last night, Congressman Jim Cooper (D-TN) withdrew from consideration his substitute amendment to the FY 2012 budget resolution that will be voted on...