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.
$2.2 Trillion is the New $2.4 Trillion
In February, we wrote the paper " Our Debt Problems Are Far From Solved," laying out the case for putting debt on a clear downward path as a percent...
Line Items: Sequester Gestures Edition
Side-Stepping Sequestration – It was as predictable as the Washington Capitals blowing a playoff series lead. Lawmakers are looking to carve out...
CBO Updates Economic and Budget Outlook
Today, the Congressional Budget Office has released an update to its budget outlook from February. With little legislative changes since February, the...
CBO Releases Updated Estimate of Farm Bills
Update: This blog has been updated to include numbers from the CBO score of the House farm bill. As we have written previously, the American Taxpayer...
Budget Reforms Come to the Forefront in the House Budget Committee
Last week, the House Budget Committee released a package of budget process reforms consisting of seven different pieces of legislation. Four of these...
MY VIEW: Ed Rendell
With previously enacted deficit reduction and the economic recovery helping our short-term fiscal outlook, it may be tempting for lawmakers to put the...
Going Abroad: Senate Finance's International Tax Options Paper
Conveniently, the same day that House Ways and Means and Senate Finance Committee chairs Rep. Dave Camp (R-MI) and Sen. Max Baucus (D-MT) published a...
Reinhart and Rogoff Release Errata
Economists Carmen Reinhart and Kenneth Rogoff of Harvard University have issued an erratum to their 2010 paper, “ Growth in a Time of Debt.” Their...
Martin Neil Baily and Glenn Hubbard Make A Case for Chained CPI
Two former Chairman of the Council of Economic Advisors, Martin Neil Baily of the Clinton Administration and Glenn Hubbard of the Bush Administration...
Tax Writers Assemble!
With tax reform growing as a topic of discussion in DC, the two leaders of the tax-writing committees in the House and Senate -- Rep. Dave Camp (R-MI)...
Don't Put the Budget on the Back Burner
A recent Washington Post article, “ As Red Ink Recedes, Pressure Fades for a Budget Deal,” suggests that a fall in the short term deficits may...
Immigration Reform: A Boon to Social Security?
On the eve of the Senate Judiciary Committee marks up the Gang of Eight’s immigration bill, Stephen Goss, the Chief Actuary of the Social Security...