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.
Good News and Bad News for Federal Trust Funds
CBO’s latest budget outlook contained good news and bad news for some of the federal government’s largest trust funds. First, the bad news: CBO...
How Close Were Our Estimates of the President's Budget?
Shortly after the President's budget was released, we suggested CBO might be somewhat more pessimistic in its debt projections than OMB. Specifically...
CRFB's Report on CBO's Analysis of the President's FY 2015 Budget
CBO has released their analysis of the President's FY 2015 Budget and CFRB released a report summarizing the findings. CBO finds a less optimistic...
CBO Releases Analysis of the President's Budget
The Congressional Budget Office (CBO) has released its analysis of the President's FY 2015 budget, applying its own budget baseline and methodology to...
Club for Growth: Quit Renewing the 'Temporary' Tax Breaks
In the Wall Street Journal today, Chris Chocola of the right-leaning Club for Growth called for Congress not to renew the expired "tax extenders."...
CBO Projects Small Dip in Medicare Spending
One of the notable changes in Congressional Budget Office’s (CBO) latest budget baseline was a downward revision in projected Medicare spending from...
Tax Day 2014: Ten Charts to Explain our Federal Tax System
In honor of tax day, CRFB released its Tax Day 2014 chartbook yesterday, with ten charts (and one table) that explain federal taxes – who pays them...
Happy Tax Day!
Happy Tax Day! CRFB has produced a number of analyses and blog posts on tax issues since last year's filing deadline, from our report on House Ways &...
Adding Realistic Assumptions to CBO's Baseline
CBO's most recent budget projections show debt on an unsustainable path – rising from a post-war record 73 percent of GDP today to 78 percent by 2024...
Health Reform's Coverage Costs Decline by $104 Billion
The budget estimates in the Congressional Budget Office's (CBO's) baseline released today may have looked largely the same as in February's report...
CBO Continues to Show Unsustainable Debt Path
In advance of the release of their analysis of the President's budget, the Congressional Budget Office (CBO) has updated their budget baseline for...
Extending Tax Breaks Would Squander Fiscal Cliff Revenue
After allowing taxes to rise on the highest 1 percent of earners at the beginning of last year, many Democrats patted themselves on the back for...