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.

Sep 20, 2013

Understanding the Numbers Surrounding the Continuing Resolution Debate

Last week, we laid out our expectations for the government funding negotiations, outlining grades for lawmakers based on how responsibly they handled...
Sep 20, 2013 | Budgets & Projections

What Do High Debt Levels Do To Our Economy?

Politicians and economists have long talked about the negative effects of an accumulating national debt, but cannot always quantify their position....
Sep 20, 2013 | Taxes

The Tax Break-Down: Accelerated Depreciation

This is the eighth post in our blog series, The Tax Break-Down, which will analyze and review tax breaks under discussion as part of tax reform. Last...
Sep 19, 2013 | Social Security

Congressman Ribble Calls for Action on Social Security

Recently, Congressman Reid Ribble (R-WI) sent a letter to his colleagues in Congress calling for them to use the upcoming fiscal discussions to push...
Sep 19, 2013 | Taxes

Senator Mike Lee Introduces Tax Reform Plan

On Tuesday, Senator Mike Lee (R-UT) presented his Family Fairness and Opportunity Tax Reform Act, which will be introduced in the coming days.Senator...
Sep 19, 2013 | Budgets & Projections

What Happened to the Alternative Fiscal Scenario?

Update: CBO has now released its official Alternative Fiscal Scenario estimates (tab 6 of the Excel). They find that debt reaches 165 percent of GDP...
Sep 18, 2013

The Can Kicks Back: The Younger Generation is Being Swindled

Given the impact of Medicare and Social Security on our fiscal path, seniors are given a lot of attention whenever Congress debates deficit reduction...
Sep 18, 2013

MY VIEW: David Walker

Many are pessimistic about whether Congress will be able to meaningfully address our countries debt challenges this fall, especially with the...
Sep 18, 2013

Streaming Live: Defining Moments for the Debt

This morning, at 9 AM Eastern time at the Capitol Visitors Center, CRFB will host "Defining Moments for the Debt," an event which will...
Sep 17, 2013 | Budgets & Projections

CRFB's Breakdown of the Long-Term Outlook

CBO's Long-Term Budget Outlook is a sizeable 126-page document with tons of facts and figures, and an accompanying spreadsheet with even more data....