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 Takes a Look at the Distribution of Taxes and Transfers
On Monday, we took a look at the breakdown of federal spending and taxes by the type of household, particularly between elderly and non-elderly...
Tax Break-Downs Updated
Yesterday, the Congressional Budget Office released its budget options paper, a biannual report that provides over 100 suggestions of specific things...
Replacing the Sequester With...More Sequester? No Deal
As the budget conference committee works to develop a plan to offset some of the sequester, they may be tempted to use budget gimmicks in place of...
CBO Director Lays Out Budget Challenges for Conference Committee
At the second meeting of the budget conference committee earlier today, CBO director Doug Elmendorf was on hand to present the budget and economic...
CBO Releases Updated Budget Options Report
We may have had to wait a little longer due to the government shutdown, but CBO's new budget options report is finally here. Today, CBO released its...
Kent Conrad and Judd Gregg: With Order Restored, Let’s Act
The budget conference committee is holding its second hearing this morning as the conferees continue to try and work out a compromise between the...
Round 2: The Conferees Convene
The second meeting of the budget conference committee will happen today at 10 AM Eastern time. The conferees do not have a lot of time, as their...
CEPR Proposes a Financial Transaction Fee for Sequester Offset
What to do about sequestration remains one of the most important questions before the budget conference, and while replacing at least part of the...
Offsetting the Defense Sequester
Replacing the sequester will be an important item on the conference committee's agenda, and it may also be the most difficult. Right now, the two...
No, Actually, the Fiscal Gap Has Not Fallen by 8 Percentage Points
Last week, at a breakfast with David Wessel and Gerald Seib of The Wall Street Journal, Council of Economic Advisers chair Jason Furman made the case...
Line Items: Veterans Day Edition
Saluting Service – Today we salute those who have served the United States in the military with a federal holiday. While many have a day off...
CBO Breaks Down the Generational Distribution of the Budget
When talking about the debt, it is hard to avoid also talking about generational inequity. Many groups, especially the Can Kicks Back, have worked to...