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.
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Updated Report: The Case for the Chained CPI
Earlier this month, we reported on CBO’s updated cost estimate for switching to the chained CPI to provide a more accurate measure of inflation for...
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Line Items: Spring into Madness Edition
Madness Returns – It’s that time of year again. Predictions are made and office pools are formed. Yes, budget wonks are pitting budget against budget...
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Chairman Camp Eyes State and Local Tax Deduction
Yesterday, House Ways and Means Committee Chairman Dave Camp (R-MI) took a hard look at the deduction for state and local income taxes at a hearing on...
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CBO: Approaches for Scaling Back DoD's Budget Plans
It is a well-known fact that the U.S. spends a sizeable amount on defense, more than the next 15 countries combined, including China and Russia. But...
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Republican Study Committee Adds to the Alternative Budgets
Yesterday, the House Republican Study Committee (RSC) released its " Back to Basics" budget, which aims to balance the budget in four years instead of...
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The Most Misleading Chart You'll See This Week
Late last week, the Council of Economic Advisors (CEA) released the annual Economic Report of the President outlining the Administration's latest...
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Van Hollen Releases House Democrats' Alternative Budget
Rep. Chris Van Hollen (D-MD), Ranking Member of the House Budget Committee, has released an alternative budget on behalf of House Democrats, " Jobs...
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MY VIEW: Judd Gregg March 2013
Last week, the House Republicans and Senate Democrats put out their FY 2014 budgets, showing two different approaches to tackling deficit reduction...
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Job Announcement: Senior Policy Analyst
Frequent reader of the blog? The Committee for a Responsible Federal Budget (CRFB) is seeking to add a new member to our policy team. We are looking...
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MedPAC: The Time is Now for SGR Repeal
We've discussed many times before the important role entitlement reform plays in addressing our long-term debt. As the baby boomer generation...
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The Need for a Deal: Intergenerational Equity
In today's The New York Times, Fix the Debt Steering Committee member Steven Rattner writes on the need for a comprehensive deal to put the debt on a...
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160 Economists and Policy Experts Call for Comprehensive Deficit Reduction
Despite a growing chorus of debt deniers, most economics continue to agree that putting in place a long-term plan to responsibly address our growing...