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.

Congress Must Abide by PAYGO for Upcoming Legislation

Congress returns from its July 4th recess this week, and it will have plenty of work to do. Most pressing is the looming insolvency of the Highway...
Jul 8, 2014 | Taxes

CTJ's Options for Raising Revenue

Citizens for Tax Justice released a new report detailing options to raise revenue, which could help lawmakers in their pursuit of tax reform to lower...
Jul 3, 2014

Pension Insurer Expects to Be Out of Funds By 2022

The Pension Benefit Guaranty Corporation (PBGC) put out an annual report this week of its financial status insuring private pensions around the...
Jul 2, 2014 | Other Spending

One Month Left Before Highway Spending Disruptions

Department of Transportation Secretary Anthony Foxx started the Highway Trust Fund clock yesterday, informing state transportation directors that...
Jul 2, 2014 | Economics

Peterson Report Calls for Fiscal Balancing Act

In the context of a middling U.S. economic recovery, several commentators have argued that we should ignore deficit reduction in order to pursue...
Jul 1, 2014 | Taxes

TPC Examines Options to Change Retirement Savings Incentives

The Tax Policy Center and Urban Institute have issued a new report entitled "Flattening Tax Incentives for Retirement Saving." Authors...
Jul 1, 2014 | Other Spending| Taxes

Buying Time for a Highway Solution with General Funds

Our recent paper Trust or Bust: Fixing the Highway Trust Fund called on lawmakers to identify a long-term fix to the funding gap in the Highway Trust...
Jun 27, 2014 | Other Spending

Administration Releases FY 2015 War Spending Request

The Obama Administration yesterday released the details of its request for war spending (Overseas Contingency Operations, or OCO), with a grand total...

Why Lawmakers Should Fix the Budgetary Treatment of the Highway Trust Fund

Continuing our series of transportation-focused blogs, this blog discusses the budgetary treatment of the Highway Trust Fund (HTF). While most of the...
Jun 26, 2014 | Other Spending| Taxes

Restoring Highway Solvency with New Revenue Sources

As we approach the twin deadlines to reauthorize surface transportation spending and shore up the Highway Trust Fund (HTF), policymakers should note...