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.
Rep. Ryan Unveils Antipoverty Plan at AEI Event
The American Enterprise Institute held an event Thursdsay commemorating the 50th anniversary of the start of the War on Poverty. The event, “Expanding...
The Carper-Corker-Boxer Amendment: A Gimmick-Free Highway Funding Patch
This week, the Senate agreed by unanimous consent to consider the House-passed highway bill, H.R. 5021. The agreement allows for the consideration of...
Actually, Paul, the Debt is Still a Problem
In a recent New York Times column, economist Paul Krugman argued that the focus on the national debt represented “an imaginary budget and debt crisis...
Economic Effects of the President's Budget: It's All About Immigration Reform
In its release this week of the economic effects of the President's budget, CBO found it would increase the size of the economy, mainly due to...
Pension Smoothing Does Not Reduce the Deficit
In the coming days, the Senate will vote on the House-passed measure to replenish the Highway Trust Fund. The bill is a last-ditch effort to prevent...
Trust Fund Insolvency Dates Are Approaching Fast
Although most of our analysis of CBO's Long-Term Budget Outlook has focused on debt projections, CBO also makes projections about the solvency of...
How to Deal With Budget Projection Uncertainty
In our series on the long-term budget outlook, we covered how debt projections would change if some of CBO's economic and technical assumptions turned...
What If...
Any budget projection is inherently uncertain, and that uncertainty is magnified when the projection period is extended to 25 or 75 years, as the...
Budget Act at 40: BPC Hosts Panel Discussion
The Bipartisan Policy Center held an event Tuesday commemorating the 40th anniversary of the Congressional Budget Act, which became law on July 12...
Judd Gregg: Easier to add debt than choose
Judd Gregg, a former Republican senator from New Hampshire, served as chairman of the Senate Budget Committee from 2005 to 2007 and ranking member...
Kent Conrad and Judd Gregg: The Two Budgeteers: All for One in Effort to Update Budget Act
Kent Conrad, a former Democratic senator from North Dakota, and Judd Gregg, a former Republican senator from New Hampshire, are both former chairmen...
CBO: Consequences of a Growing National Debt
In addition to showing the path of future debt, CBO's Long-Term Budget Outlook described the consequences of a large and growing federal debt. The...