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.
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Line Items: New Year, No Resolutions Yet Edition
Not a Rockin’ Eve – Monday is New Year’s Eve...fiscally speaking as October 1 marks the beginning of Fiscal Year 2014. There may be a countdown, and a...
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On the Brink of Shutdown?
Today is September 30, the last day of the government's fiscal year. If Congress does not agree on a continuing resolution today to authorize spending...
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We Need More Than $13 Trillion in Deficit Reduction Over the Next 20 Years
In light of CBO's updated long-term projections, and our subsequent CRFB Realistic Long-Term Projections, CRFB has taken a fresh look at the minimum...
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Discussion with CBO Director Elmendorf on the Costs of Waiting to Address Fiscal Challenges
At the House Budget Committee hearing on CBO's Long-Term Outlook, Rep. Reid Ribble (R-WI), who last week sent a letter calling for action on Social...
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The Tax Break-Down: Individual Retirement Accounts
This is the ninth post in our blog series, The Tax Break-Down, which will analyze and review tax breaks under discussion as part of tax reform. Last...
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Senator Levin Presents Ideas for Sequester Replacement
Last week, Senator Carl Levin (D-MI) introduced legislation that would increase taxes on multinational companies, and suggested that the revenue...
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Introducing CRFB's Latest Long-Term Realistic Baseline
The release of the Congressional Budget Office's (CBO) Long-Term Budget Outlook is one of the big events in the budget world, and we'd like to think...
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CBO: A Growing Debt Burden Is a Risky Path to Be On
Continuing with CRFB's analysis of CBO's latest long-term budget projections, we now turn our attention to one of the central themes throughout CBO's...
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Interest Costs in CBO's Long-Term Projections
As part of our blog series on CBO's recent long-term budget and economic projections, we now turn our focus to the fastest growing part of the budget...
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Line Items: Going Down Kicking Edition
Relying on the Kicking Game – The return of Congress to Washington has been about as productive as the return of RG3 to the football field for DC. The...
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CBO: Social Security Looks Much Worse Than We Thought
Although some argue that policymakers can wait to solve our long-term entitlement problems, CBO's recent Long-Term Budget Outlook suggests otherwise...
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Q&A: Everything You Should Know About Government Shutdowns
Congress faces a number of looming fiscal crises this fall, and the first obstacle is just around the corner -- if lawmakers fail to pass legislation...