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.
Budget Act at 40: BPC Hosts Panel Discussion
The Bipartisan Policy Center held an event Tuesday commemorating the 40th anniversary of the Congressional Budget Act, which became law on July 12...
Judd Gregg: Easier to add debt than choose
Judd Gregg, a former Republican senator from New Hampshire, served as chairman of the Senate Budget Committee from 2005 to 2007 and ranking member...
Kent Conrad and Judd Gregg: The Two Budgeteers: All for One in Effort to Update Budget Act
Kent Conrad, a former Democratic senator from North Dakota, and Judd Gregg, a former Republican senator from New Hampshire, are both former chairmen...
CBO: Consequences of a Growing National Debt
In addition to showing the path of future debt, CBO's Long-Term Budget Outlook described the consequences of a large and growing federal debt. The...
CRFB's Maya MacGuineas on the Long-Term Budget Outlook
This week, CRFB President Maya MacGuineas appeared on Bloomberg Television to discuss the CBO's Long-Term Budget Outlook and how imperative it is for...
Quantifying the Cost of Waiting to Address Debt
The Congressional Budget Office's (CBO) Long-Term Budget Outlook shows a clearly unsustainable debt path over the long term, one that policymakers...
Dissecting the Good Health Care Spending News in CBO's Long-Term Outlook
The Congressional Budget Office’s (CBO) new Long-Term Budget Outlook presents plenty of good news on Medicare costs yet still highlights the role that...
High Debt Drags Down The Economy
New calculations in the Congressional Budget Office's Long-Term Budget Outlook show that the high debt projected under current law could diminish...
Without Budget Discipline, a Spending Spree Ensues
Budget rules require new policies to be paid for with savings elsewhere in the budget. Policymakers must balance the new policy against the choices...
CBO: Social Security Trust Fund To Be Exhausted 1 Year Earlier, in 2030
One of the biggest stories of last year's long-term outlook was the deterioration in Social Security's financial picture. Largely due to CBO's...
CRFB Analyzes the CBO Long-Term Outlook
CBO's Long-Term Budget Outlook is a long and detailed 140-page document – filled to the brim with facts, figures, scenarios and assumptions – and...
CBO Releases 2014 Long-term Outlook
Earlier today, the Congressional Budget Office (CBO) released its latest Long-Term Budget Outlook. Although CBO normally makes ten-year projections...