Committee for a Responsible Federal Budget
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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.

Nov 20, 2013

CRFB Shows that Long-Term Problems Remain Very Far From Solved

Today, CRFB has released a new paper, Our Long-Term Debt Problems Are Very Far from Solved, which shows while recent improvements may have benefited...
Nov 19, 2013 | Taxes

Baucus Releases International Tax Reform Draft

This week, Senate Finance Committee Chairman Max Baucus (D-MT) is moving ahead with tax reform, starting with the release of discussion drafts...
Nov 19, 2013

Line Items: Gettysburg Address Edition

Historic Moment – On this day 150 years ago, President Abraham Lincoln delivered the Gettysburg Address dedicating the new national cemetery at...
Nov 19, 2013 | Taxes

Tax Extenders: PAYGO or No Go

The year is rapidly coming to a close, with only 11 days left that the House plans to be in session. Before the year's end, Congress is supposed to...
Nov 18, 2013

My View: Judd Gregg

Though the government shutdown ended a little over a month ago, its effects still linger on. In an editorial published today in The Hill, former...
Nov 14, 2013 | Taxes

The King Plan: A Window Into a "Go Medium" Deal

In addition to CBO director Doug Elmendorf's testimony, yesterday's budget conference committee meeting produced another notable moment: a proposal...

CBO Director Examines Drivers of Health Care Spending Growth

As the conferees met yesterday, any doubt that we can afford to wait on the long-term debt problem should have quickly been erased after CBO ...
Nov 14, 2013 | Budgets & Projections

CBO Takes a Look at the Distribution of Taxes and Transfers

On Monday, we took a look at the breakdown of federal spending and taxes by the type of household, particularly between elderly and non-elderly...
Nov 14, 2013 | Taxes

Tax Break-Downs Updated

Yesterday, the Congressional Budget Office released its budget options paper, a biannual report that provides over 100 suggestions of specific things...
Nov 13, 2013 | Budgets & Projections

Replacing the Sequester With...More Sequester? No Deal

As the budget conference committee works to develop a plan to offset some of the sequester, they may be tempted to use budget gimmicks in place of...