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.
Think Tanks Weigh In Before Budget Fights
Even though Washington slows down in August, several think tanks are staking out positions in advance of this fall's pending fight over the debt limit...
The Tax Break-Down: The State and Local Tax Deduction
This is the first post in a new CRFB blog series The Tax Break-Down, which will analyze and review tax breaks under discussion as part of tax reform...
Want to Protect Low-Income Individuals? Look Toward a Grand Bargain
Today, a piece in the Financial Times shows the unnecessary damage being done by the ongoing sequester -- in this case, sharp cuts to federal support...
Introducing "The Tax Break-Down"
We've written many times before about the $1.3 trillion of tax breaks currently littering the code, urging policymakers to focus on paring back tax...
What Would a Mini-Bargain Look Like?
A New York Times piece today lays out a possible "mini-bargain" to move past the debt ceiling and expiration of government funding. The piece, "...
Wessel: Prudent Politicians Would Focus on the Long Term, Today
In his column in today's Wall Street Journal and an accompanying audio clip, David Wessel takes on the question before Washington: Is the budget...
Celebrating 78 Years of Social Security
It's August 14 and that means it is Social Security's birthday! The program has been around for 78 years, providing retirement security to the elderly...
What the New GDP Numbers Mean for Budget Projections
Yesterday, we noted the revisions that CBO has made to its historical budget data going back to 1973, in light of the Bureau of Economic Analysis's...
Watch 160 Years of Population Aging...In One Chart
Over at Calculated Risk, Bill McBride has created an animated chart showing America's age distribution evolve, as far back as 1900 to the current day...
CBO Updates Their Historical Budget Data
Nearly two weeks ago, the Bureau of Economic Analysis released its GDP report with a $560 billion upward revision for 2012. As we explained at the...
An Example of Reforming Beyond Tax Expenditures: Executive Compensation
Before leaving for August recess, Senators Jack Reed (D-RI) and Richard Blumenthal (D-CT) introduced S. 1476, which would end the ability of...
Hubbard and Kane Highlight Budget Process Reform
This weekend in The New York Times, former Chairman of the Council of Economic Advisors Glenn Hubbard and the Hudson Institute's Tim Kane challenged...