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.
Ignoring PAYGO Could Add $2.5 Trillion to the Debt
CBO's official budget estimates rely on general adherence to current law, meaning that no new laws are passed other than to keep the government...
George V. Voinovich: Obama Must Put Some Muscle Behind Gasoline-tax Increase
George V. Voinovich is a former senator and governor of Ohio and a member of the Committee for a Responsible Federal Budget. He wrote a commentary...
Trust Fund Deadlines Are Closing In
In addition to updating budget projections, CBO's baseline also looks at the state of various government trust funds over the next ten years. Two of...
How Much Savings Would It Take to Make Debt Sustainable?
CBO's budget outlook, little changed since its last update, shows the same story it has for a few years: the debt picture will stabilize through about...
CRFB Publishes Analysis of CBO's 2015 Budget and Economic Outlook
Yesterday, CRFB published an analysis of CBO’s latest Budget and Economic Outlook. The six-page document summarizes the forecasts and emphasizes the...
CBO Report Shows Return of Trillion-Dollar Deficits
Trillion-dollar deficits are coming back in 2025. That's one of the many stories told by the new budget update released today by the Congressional...
We Need To Improve Focus on the Long Term
Today CRFB released a new paper as part of our Better Budget Process Initiative titled " Improving Focus on the Long Term." The budget process focuses...
Are the Discretionary Spending Caps Sustainable?
The biggest piece of deficit reduction that lawmakers have accomplished so far is the series of caps on annually appropriated discretionary spending...
Energy and Commerce Holds First Hearing on SGR
The House Energy and Commerce (E&C) Health Subcommittee yesterday held the first of two hearings on the Sustainable Growth Rate (SGR) formula for...
If Congress Only Does Four Things in a Budget Resolution...
Yesterday, the Committee for a Responsible Federal Budget released a one-page list of principles to help guide policymakers in crafting a budget...
Will the Next President Budget Responsibly?
Today, Fix the Debt and the Concord Coalition launched First Budget – an effort to engage voters and candidates in a discussion about the nation’s...
Gene Steuerle: President Obama’s Middle-Class Tax Message in the State of the Union
Dr. Eugene (Gene) Steuerle is the Richard B. Fisher chair and Institute Fellow at the Urban Institute and a member of the Committee for a Responsible...