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 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...
May 13, 2014 | Health Care

Temporary Effects Driving Some of Medicare's Slow Growth in 2014

Medicare spending has grown remarkably slowly so far this year, according to the often-overlooked Monthly Budget Reviews from the Congressional...
May 12, 2014 | Taxes

The $4.2 Trillion Drop in Revenue Projections

As we explained last week, health care spending is growing more slowly, which is great news for the federal budget. Spending has been revised...
Spending_Transportation_Highway

Senate Finance Committee Hearing on Transportation Funding

The Senate Finance Committee held a hearing May 6th titled, “New Routes for Funding and Financing Highways and Transit.” During the...

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