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.
CBO's Social Security Projections
In CBO's 2014 Budget and Economic Outlook released this week, they addressed the future of the federal government's largest program, Social Security...
Everything You Needed to Know About the Debt Ceiling, Part 2
Yesterday, we updated our Q&A: Everything You Needed To Know About the Debt Ceiling to reflect the newest date for the debt ceiling, which will be...
Why Did the Deficit Fall in 2014?
Yesterday, the Congressional Budget Office released its annual report on the federal budget, which outlines their projections of all federal spending...
Heritage and CBPP Agree: Pension Smoothing is a Gimmick
This afternoon, the Senate is expected to vote on an extension of unemployment insurance, offset with so-called "pension smoothing" - a timing shift...
Sanders Bill Would Add to the Debt, Create a $250 Billion Slush Fund
Soon, the Senate may consider the Comprehensive Veterans Health and Benefits and Military Retirement Pay Restoration Act legislation ( the CBO scoring...
How Much Worse are Deficit Projections?
Yesterday, the Congressional Budget Office (CBO) reported a significantly bleaker fiscal picture than they had projected just last year, with debt now...
CBO Director Testifies Before House Budget Committee
CBO Director Douglas Elmendorf testified before the House Budget Committee this morning following CBO's release of the 2014 Budget and Economic...
CRFB Releases Analysis of CBO's 2014 Budget and Economic Outlook
Yesterday, the Congressional Budget Office released its 2014 Budget and Economic Outlook, serving as a budget baseline for the new year. To help make...
Sources of Spending Growth in CBO's Baseline
The CBO's baseline released today shows how spending is expected to grow over time and where that growth occurs in the federal budget. In general...
CBO Shows Deteriorating Budget and Economic Projections
The Super Bowl was held last Sunday, and the Olympics are coming up in a few days, but the biggest event this week happened today as CBO released its...
Secretary Lew Talks About The Debt Limit
This morning, Secretary Lew spoke at the Bipartisan Policy Center about the imparative need to raising the debt ceiling, which has been suspended and...
Brookings to Start New Series on the Budget Process
Note: This blog has been updated to talk about the first blog post in the series. For those in the budget world, today is not just the day after the...