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.

May 20, 2014

Alan Simpson: Forget Bipartisanship – We Need Generationship

Alan Simpson, one of the chairs of the Simpson-Bowles Fiscal Commission and a member of the Committee for a Responsible Federal Budget, co-wrote an...
US

The Federal Financial Statement Transparency Act of 2014

Congressman Jim Renacci (R-OH) introduced the The Federal Financial Statement Transparency Act of 2014 today. This legislation would make major...

Want to Understand The Appropriations Process? This 101 Will Tell You Everything You Need to Know

Appropriations season is in full swing. The House has already passed the Legislative Branch and Military Construction-Veterans Affairs bills, while...
May 16, 2014 | Other Spending

Appropriators Must Stay Within Spending Caps Without Gimmicks

As the Senate Appropriations Committee makes its 302(b) allocations, divvying up funding among the 12 appropriations bills, it will have to deal with...
May 16, 2014 | Taxes

Options for Reforming the Mortgage Interest Deduction

The mortgage interest deduction has long been targeted as a tax expenditure by advocates of tax reform. In a new paper, the Tax Policy Center's...
Marco Rubio

Rubio Proposes Retirement Program Reforms

As the Senate works this week to increase the debt, Sen. Marco Rubio (R-FL) outlined a series of reforms to Social Security, Medicare, and...
May 14, 2014 | Social Security| Taxes

Social Security's Worsening Financial Picture Since 2011

We have already shown how both federal health care spending and revenue projections have been revised downward by $900 billion and $4.2 trillion,...
May 14, 2014 | Economics

Event Recap: The 2014 Fiscal Summit

The Peter G. Peterson Foundation held its 2014 Fiscal Summit today, bringing together a number of current and former policymakers, experts,...
May 14, 2014 | Budget Process| Taxes

Senate Moves Forward on Increasing Deficit with Tax Extenders

The Senate is moving forward with tax extenders legislation, renewing a variety of breaks that expired at the end of last year for research, small...

Adding "TRUSTGO" to PAYGO Would Improve the Debt Situation

We have always have been proponents of paying for the costs of policies such as the tax extenders and doc fixes, since doing so would make a...

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