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.
‘Line’ Items: Columbo Edition
Where Is Our Columbo? – Peter Falk, the award-winning actor best known for playing the rumpled, yet wily, Lt. Columbo, died on Thursday. Falk, who was...
The Economic Effects of High Debt
Continuing our analysis of CBO's Long-Term Outlook, we looked yesterday at the policy assumptions under CBO's two budget paths and at spending and...
A Solution for the Debt Ceiling Debate?
Despite House Majority Leader Eric Cantor’s (R-VA) decision yesterday to withdraw from the Biden-led negotiations to avoid default, there is still...
Spending and Revenue in the Long Term Outlook
Spending and revenues in the long-term outlook is always an interesting topic to discuss. Just like with debt, you find words and phrases like...
Health Care Versus Aging
As we explained in our recent analysis of CBO's Long-Term Budget Outlook, the debt is on an unsustainable path. Only a decade from now, under their...
CBO's Elmendorf to Testify Before House Budget Committee at 10am Today
At 10am today, CBO director Doug Elmendorf will testify before the House Budget Committee on CBO's latest Long-Term Budget Outlook, released yesterday...
The Differences Between the Two Baselines
With the release of CBO's Long-Term Outlook, we thought it would be useful to break down the assumptions that the Extended-Baseline and the...
The CBO Long Term Outlook Is Here
Update: Our paper on CBO's Long Term Outlook has been released. CBO has just released its 2011 Long Term Outlook, detailing spending, revenue, and...
Yes, Fix the SGR, But Pay for It Too
The Sustainable Growth Rate (SGR), the formula which sets provider payments for physcians under Medicare and which was originally enacted in 1997...
Leon Panetta Confirmed By the Senate
Today, the Senate confirmed former CIA Director (and former CRFB Co-Chair!) Leon Panetta by a unanimous vote to become our new Secretary of Defense...
CRFB Outlines Dos and Don'ts for Budget Negotiations
This afternoon, CRFB released a paper that lays out the dos and don'ts for the Biden group negotiations. We provide a list of goals to accomplish and...
Elmendorf to NY Fed: 'We Can't Repeat the Past'
Recently, CBO Director Doug Elmendorf spoke to the Federal Reserve Bank of New York about current policies and how they affect the nation's fiscal...