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.
Defense Department Trims Personnel Costs and Other Programs To Live Within Means
In a somewhat atypical move, Defense Secretary Chuck Hagel previewed in a speech yesterday the Department of Defense's (DoD's) budget request for...
Brookings' Pathway to Reforming the Budget
In a new and informative series on Reforming the Budget, the Brookings Institution looked at challenges facing the budget process and proposed...
CRFB Launches Tax Reform Resource Page
Tomorrow, House Ways and Means Chairman Dave Camp (R-MI) is expected to release his comprehensive tax reform proposal after a series of discussion...
Line Items: Ceremonial Closing Edition
Closing the Ceremony – The Winter Olympics ended in Sochi, Russia on Sunday with the closing ceremony. The eye-catching spectacle put an exclamation...
Drawing a Realistic Baseline
CBO's recent budget projections show a much deteriorated budget outlook, with debt now rising faster over the coming decade than previously...
Camp to Release Tax Reform Draft Next Week
Next week, House Ways & Means Chairman Dave Camp is set to release a draft of a bill to revamp the U.S. tax code, according to press reports. It was...
Chained CPI Not in President's FY2015 Budget
Today, the White House announced that the President will not propose adopting the “chained CPI” in the President’s Budget this year, as he did last...
Why Did the Deficit Drop in 2014? Part 2
At the beginning of the month, the Congressional Budget Office released its annual report on the federal budget, which showed that the deficit is...
Entitlement Reform Should Be in the President's Budget
Last Friday, 16 Senate Democrats sent a letter to President Obama, but it wasn't for Valentine's Day. Rather, the letter warned the President against...
A Proposal to Pay for the Doc Fix
Last week, the relevant Congressional committees released a bipartisan, bicameral proposal to replace the Sustainable Growth Rate (SGR) formula for...
Line Items: Winter Games Edition
Cold Reality – The Winter Olympics are in full swing in Sochi, Russia, but Washington saw its own share of winter games before Congress adjourned for...
Backtracking on Military Retirement Bodes Poorly for the Budget
Earlier this week, Congress moved quickly on a bill to repeal the military cost-of-living adjustment (COLA) reduction for working age retirees that...