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.
Deficits Rise in Latest Budget Projections
Update: You can view our full analysis here. The Congressional Budget Office (CBO) just released baseline projections showing rapidly rising deficits...
Sanford Says Candidates Aren't Talking About Debt, Deficit
Congressman Mark Sanford (R-SC) wrote a piece in The Fiscal Times that highlights the paucity of substantive discussion from the 2016 presidential...
#SOTU Means It's Time to Play Debt-O!
President Obama's final State of the Union address is tonight at 9 p.m. ET. In preparation for his speech, we've brought back our State of the Union...
CBO's Latest Estimate of the Partial ACA Repeal
Kicking off the new year in style, the Congressional Budget Office (CBO) released its latest estimate of the reconciliation bill passed by the Senate...
2015’s Fiscal Follies and Reasons for Hope
It’s the end of the year and like so many organizations, CRFB wanted to share with you our top 10 list: a look back at Congress’s 10 top fiscal...
Does the U.S. Spend $80 Billion a Year on Incarceration?
At the third Democratic debate, Senator Bernie Sanders (I-VT) said "We are spending $80 billion a year locking up our fellow Americans," using the...
JCT Estimates Over $1.2 Trillion in Tax Breaks in 2015
The Joint Committee on Taxation (JCT) recently released its latest estimate of tax expenditures covering the years 2015-2019. Based on the summed cost...
Policymakers Dig Hole $1.2 Trillion Deeper in 2015
With debt already around its highest level as a share of Gross Domestic Product (GDP) other than around World War II and estimated to grow with no end...
CBO Releases Detailed Social Security Projections
As it often does in December, CBO has released its detailed long-term projections for Social Security that build off the ones released with their long...
Expectations Vs Reality For the FY 2016 Budget
With the first session of the the 114th Congress rapidly drawing to a close and the big budget issues being settled, we will take a look at how the...
Flake Releases “Wastebook: The Farce Awakens”
Carrying on the tradition of retired Senator Tom Coburn (R-OK), Senator Jeff Flake (R-AZ) this week released the 2015 edition of the Wastebook: The...
The Fiscal Irresponsibility of the Tax Deal in 6 Charts
It's no surprise that a deficit-financed tax cut deal costing $830 billion after interest would be bad for the budget. We've been describing the...