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.
Senate Finance Committee Discussing Highway Patch
The Senate Finance Committee is beginning a markup of a short-term patch to the Highway Trust Fund, providing funding through the end of the year...
Cost of Ways & Means Tax Cuts Passes the Trillion Dollar Mark
The Ways & Means Committee today marked up new and extended tax breaks costing more than $210 billion of lost revenue and increased outlays over the...
CBO Releases Score of Postal Reform Act
CBO published its score of the Postal Reform Act of 2013 (H.R. 2748), a bill introduced by House Oversight Committee Chairman Darrell Issa (R-CA), on...
MY VIEW: Jim Nussle
Jim Nussle, Co-Chair of the Committee for a Responsible Federal Budget, served as the Director of the Office of Management and Budget from 2007-2009...
Finance Committee Considers Short Term Highway Extension
As we've been writing about various ways to improve the state of the Highway Trust Fund (HTF), the Senate Finance Committee has been discussing...
CRFB President Maya MacGuineas to Testify at Biennial Budgeting Hearing Today
This morning at 10 a.m., the House Rules Subcommittee on Legislative and Budget Process will hold a hearing on the Biennial Budgeting and Enhanced...
Sahadi Warns of Disability Insurance Insolvency
We've written many times on the need to reform Social Security well before it becomes insolvent in the 2030s. But as Jeanne Sahadi explains in a...
Restoring Highway Solvency by Reducing Spending
We released a new paper, Trust or Bust: Fixing the Highway Trust Fund, which showed the Highway Trust Fund (HTF) faces a $170 billion shortfall over...
Restoring Highway Solvency by Increasing Current Revenue
Without a fix soon, the Highway Trust Fund (HTF) will run out of money this summer, slowing down infrastructure projects across the nation. Our recent...
Senate Medicare Bill Would Undermine Deficit Reduction Efforts
Last week, Senate Majority Leader Harry Reid (D-NV) indicated his plans to bring up the Medicare Protection Act for a vote on the Senate floor. Though...
CRFB to Conferees: Care for Veterans but be Fiscally Responsible
Both the House and Senate have passed bills reforming the VA, and a conference committee must now meet to hammer out differences between the two bills...
Alternatives for Measuring the Federal Deficit
One of the wonkier fiscal debates that arises from time to time concerns the accounting method used to measure the size of the budget deficit. This...