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 22, 2013

CBO Finds Defense Plan's Cost Will Likely Exceed Defense Budget

Every year, CBO analyzes the Department of Defense's Future Years Defense Program (FYDP), most recently done last March. As has been the case over...
Nov 21, 2013

Looking Beyond the Ten-Year Window

Our paper released yesterday detailed how our long term debt problems are far from solved, making clear the unsustainability of federal debt over the...

CBO Predicts the "X Date"

Given the nature of debt ceiling politics lately, estimating when the federal government will start defaulting on obligations has become a common,...
Nov 20, 2013 | Taxes

Baucus Releases Tax Administration Draft

This week, Senate Finance Chairman Max Baucus (D-MT) is moving forward with tax reform, releasing three discussion drafts. Yesterday, he released a...
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...