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.
Pentagon to Release Afghanistan Requests
With the U.S.'s involvement in Afghanistan set to wind down at the end of the year, there is some uncertainty about the military presence in 2015 and...
An Apples-to-Apples Comparison of the FY 2015 Budgets
Every year when the President releases his budget, CBO re-estimates the budget using a baseline set of economic assumptions – the same as it uses for...
Farm Spending in the April 2014 CBO Baseline
CBO recently released an update to its 2014-2024 baseline including the first detailed agriculture projections since May 2013. Since then, Congress...
The President's Budget Against Different Baselines
In our paper on CBO's analysis of the President's budget, we compared how CBO and OMB estimated the budget's policies relative to CBO's baseline. Of...
Good News and Bad News for Federal Trust Funds
CBO’s latest budget outlook contained good news and bad news for some of the federal government’s largest trust funds. First, the bad news: CBO...
How Close Were Our Estimates of the President's Budget?
Shortly after the President's budget was released, we suggested CBO might be somewhat more pessimistic in its debt projections than OMB. Specifically...
CRFB's Report on CBO's Analysis of the President's FY 2015 Budget
CBO has released their analysis of the President's FY 2015 Budget and CFRB released a report summarizing the findings. CBO finds a less optimistic...
CBO Releases Analysis of the President's Budget
The Congressional Budget Office (CBO) has released its analysis of the President's FY 2015 budget, applying its own budget baseline and methodology to...
Club for Growth: Quit Renewing the 'Temporary' Tax Breaks
In the Wall Street Journal today, Chris Chocola of the right-leaning Club for Growth called for Congress not to renew the expired "tax extenders."...
CBO Projects Small Dip in Medicare Spending
One of the notable changes in Congressional Budget Office’s (CBO) latest budget baseline was a downward revision in projected Medicare spending from...
Tax Day 2014: Ten Charts to Explain our Federal Tax System
In honor of tax day, CRFB released its Tax Day 2014 chartbook yesterday, with ten charts (and one table) that explain federal taxes – who pays them...
Happy Tax Day!
Happy Tax Day! CRFB has produced a number of analyses and blog posts on tax issues since last year's filing deadline, from our report on House Ways &...