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.

health care

CBO's Latest Estimate of the Partial ACA Repeal

Kicking off the new year in style, the Congressional Budget Office (CBO) released its latest estimate of the reconciliation bill passed by the Senate...
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2015’s Fiscal Follies and Reasons for Hope

It’s the end of the year and like so many organizations, CRFB wanted to share with you our top 10 list: a look back at Congress’s 10 top...
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Dec 23, 2015 | Other Spending

Does the U.S. Spend $80 Billion a Year on Incarceration?

At the third Democratic debate, Senator Bernie Sanders (I-VT) said "We are spending $80 billion a year locking up our fellow Americans...
Tax Issue Area
Dec 22, 2015 | Taxes

JCT Estimates Over $1.2 Trillion in Tax Breaks in 2015

The Joint Committee on Taxation (JCT) recently released its latest estimate of tax expenditures covering the years 2015-2019. Based on the summed...
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Policymakers Dig Hole $1.2 Trillion Deeper in 2015

With debt already around its highest level as a share of Gross Domestic Product (GDP) other than around World War II and estimated to grow with no...
Social Security
Dec 22, 2015 | Social Security

CBO Releases Detailed Social Security Projections

As it often does in December, CBO has released its detailed long-term projections for Social Security that build off the ones released with their...
expectationvreality

Expectations Vs Reality For the FY 2016 Budget

With the first session of the the 114th Congress rapidly drawing to a close and the big budget issues being settled, we will take a look at how the...
Dec 18, 2015 | Other Spending

Flake Releases “Wastebook: The Farce Awakens”

Carrying on the tradition of retired Senator Tom Coburn (R-OK), Senator Jeff Flake (R-AZ) this week released the 2015 edition of the Wastebook: The...
Dec 17, 2015 | Taxes

The Fiscal Irresponsibility of the Tax Deal in 6 Charts

It's no surprise that a deficit-financed tax cut deal costing $830 billion after interest would be bad for the budget. We've been describing...
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Dec 17, 2015 | Budgets & Projections

Omnibus Bill Falls Back on the Usual Budget Gimmicks

The negotiations that concluded this week produced two major pieces of legislation. The most consequential for the budget is the $680 billion package...

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