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.


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...
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...
Dec 16, 2015 | Budgets & Projections

How a Fed Rate Increase Could Affect the Budget

Today, the Federal Open Market Committee, the Fed's interest rate setting and deliberative body that meets eight times a year, could announce...
Business Tax
Dec 16, 2015 | Taxes

Negotiated Tax Deal Would Cost $680 Billion

Lawmakers have announced a negotiated package of business and individual tax breaks costing about $680 billion over ten years. After interest, we...
Steny Hoyer
Dec 15, 2015 | Taxes

Hoyer Slams Tax Extenders Deal

House Minority Whip Steny Hoyer (D-MD) took to the House floor on Tuesday to assert his opposition to a potential tax extenders deal, citing a recent...
Dec 11, 2015 | Health Care| Taxes

Tax Extenders Deal Might End Up Adding $4 Trillion to the Debt

The $700 billion price tag on the rumored deal to permanently extend expired tax breaks might actually be underselling just how expensive the package...
Dec 10, 2015 | Taxes

Short-Term Extenders Package Is Still Irresponsible

Faced with the possible opposition over a $700 billion deal to extend permanently some of the expiring "tax extenders", Congress may...
Dec 10, 2015 | Taxes

Senate Democrats Ask for Extenders to be Offset

Last week Senators Tammy Baldwin (D-WI), Sheldon Whitehouse (D-RI), Jack Reed (D-RI), Angus King (I-ME), and Elizabeth Warren (D-MA), sent a letter...