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.

Jul 15, 2014 | Budgets & Projections

CBO Releases 2014 Long-term Outlook

Earlier today, the Congressional Budget Office (CBO) released its latest Long-Term Budget Outlook. Although CBO normally makes ten-year projections,...
Budget Process_Books
Jul 15, 2014 | Budget Process

CRFB Examines the Budget Process At Age 40

Yesterday, the Commmittee for a Responsible Federal Budget released a paper detailing the problems with the federal budget process. In light of the...
Maya MacGuineas
Jul 14, 2014

CRFB President Maya MacGuineas to Speak at the Peterson Institute Today

Today at 12.15 p.m., the Peterson Institute for International Economics is hosting a book launch for "Post-crisis Fiscal Policy," a book by...
Jul 14, 2014 | Social Security| Taxes

How Much of a Payroll Tax Increase Would It Take to Fix Social Security?

Around this time of year, the Social Security Trustees usually issue their report on the status of the program over the next 75 years. In...
Jul 11, 2014 | Budgets & Projections

Mid-Session Review Shows Worse Outlook for President's Budget

The Office of Management and Budget (OMB) this afternoon released the Mid-Session Review, updating its budgetary and economic estimates for the...
Jul 11, 2014 | Other Spending

Bipartisan Agreement on Gimmicks to Fund the Highway Trust Fund

Both the House Ways and Means Committee and the Senate Finance Committee approved legislation on Thursday to fund a short-term patch for the...
Jul 11, 2014 | Taxes

Would Bonus Depreciation Grow the Economy and Pay For Itself?

The House passed legislation today to expand and make permanent the bonus depreciation rules that expired at the end of last year. A key argument for...
Jul 10, 2014 | Budgets & Projections

White House Releases Supplemental Immigration Request

The White House this week requested an additional $4.3 billion in discretionary appropriations for the current fiscal year to cover the cost of the...
Jul 9, 2014 | Other Spending| Taxes

Don't Use a Gimmick to Fund Our Highways

The House Ways and Means Committee just published its plan for a short-term fix to the Highway Trust Fund, which needs an additional $8 billion to...
Health Care_Doctor
Jul 9, 2014 | Health Care

Continued Slow Growth for Medicare in 2014

CBO's release of the June Monthly Budget Review (MBR) gives us another data point in what has been an interesting story for Fiscal Year...