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 13, 2013 | Budgets & Projections

CBO Director Lays Out Budget Challenges for Conference Committee

At the second meeting of the budget conference committee earlier today, CBO director Doug Elmendorf was on hand to present the budget and economic...
Nov 13, 2013 | Budgets & Projections

CBO Releases Updated Budget Options Report

We may have had to wait a little longer due to the government shutdown, but CBO's new budget options report is finally here. Today, CBO released its...
Nov 13, 2013 | Budget Process

Kent Conrad and Judd Gregg: With Order Restored, Let’s Act

The budget conference committee is holding its second hearing this morning as the conferees continue to try and work out a compromise between the...
Nov 13, 2013 | Budgets & Projections

Round 2: The Conferees Convene

The second meeting of the budget conference committee will happen today at 10 AM Eastern time. The conferees do not have a lot of time, as their...
Nov 12, 2013 | Taxes

CEPR Proposes a Financial Transaction Fee for Sequester Offset

What to do about sequestration remains one of the most important questions before the budget conference, and while replacing at least part of the...
Nov 12, 2013 | Other Spending

Offsetting the Defense Sequester

Replacing the sequester will be an important item on the conference committee's agenda, and it may also be the most difficult. Right now, the two...
Nov 12, 2013

No, Actually, the Fiscal Gap Has Not Fallen by 8 Percentage Points

Last week, at a breakfast with David Wessel and Gerald Seib of The Wall Street Journal, Council of Economic Advisers chair Jason Furman made the case...
Nov 11, 2013

Line Items: Veterans Day Edition

Saluting Service – Today we salute those who have served the United States in the military with a federal holiday. While many have a day off,...
Nov 11, 2013 | Budgets & Projections

CBO Breaks Down the Generational Distribution of the Budget

When talking about the debt, it is hard to avoid also talking about generational inequity. Many groups, especially the Can Kicks Back, have worked to...
Nov 8, 2013 | Taxes

The Senate Democrats' List of Tax Breaks to Axe

It has been one week since the budget conference committee's first meeting, and many are speculating that the committee could realistically come up...