Committee for a Responsible Federal Budget
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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.

Gimmicks at Their Worst: The War "Savings" Gimmick

As lawmakers look to replace the sequester with smarter deficit reduction, it may be tempting to look for easy ways out. Unfortunately in recent...
Nov 1, 2013

Another Poll Shows Strong Support for a Comprehensive Deficit Reduction Plan

As if we needed more proof that the country is ready to deal with our debt problem, the Peterson Foundation today released the results of a new poll...

Wessel: Why It's Wrong to Dismiss the Deficit

Two weeks ago, we responded to a Larry Summers op-ed calling for a focus on growth rather than deficits. Yesterday, Wall Street Journal economics...
Oct 31, 2013 | Budgets & Projections

Short-Term Deficits May Be Shrinking, But Long-Term Problem Remains

Update: This blog has been updated to include the Mid-Session Review and CBO projections for the 2013 deficit.Yesterday, the Treasury Department...
Oct 31, 2013 | Taxes

The Tax Break-Down: the FICA Tip Credit

This is the thirteenth post in our blog series, The Tax Break-Down, which will analyze and review tax breaks under discussion as part of tax...

SSA Announces New COLA

Yesterday, the Social Security Administration announced that beneficiaries will be receiving a 1.5 percent Cost-of-Living Adjustment (COLA) this year...
Oct 30, 2013 | Budgets & Projections

Jim Nussle: For Budget Conference, Start With The Pizza

Today was the first meeting of the budget conference committee negotiating over this year's discretionary spending levels. Although the first...
Oct 30, 2013 | Budgets & Projections

The Budget Conference Committee's First Meeting

The first meeting of the budget conference committee is today! The committee will have a month and a half to reconcile the House and Senate-passed...
Oct 29, 2013

Line Items: Trick or Treat Edition

Conference Calls – While many of us prepare for a spooky adventure Thursday night, the day before will mark the beginning of another eerie...
Oct 29, 2013 | Health Care

Daschle: Now's the Time for Entitlement Reform

In an op-ed in POLITICO yesterday, former Senate Majority Leader Tom Daschle argued that the upcoming conference committee was the perfect time to...

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