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.
Credit Rating Agencies and IMF Say More Needs to Be Done
With President Obama's signing of the American Taxpayer Relief Act (ATRA), lawmakers have avoided most of the upfront hit of the fiscal cliff but have...
How Does the Budget Look Now?
After a tense few days, or weeks for that matter, lawmakers have enacted a fiscal cliff package -- the American Taxpayer Relief Act. With budget...
The House Passes the Fiscal Cliff Deal
Last night, the House passed the fiscal cliff package already agreed upon by the Senate, by a 257-167 vote. Now the bill is headed to the White House...
The Good, the Bad, and the Ugly in the Fiscal Cliff Package
Last night, the Senate voted on and approved a package to avert most components of the fiscal cliff, which we took a preliminary review of last night...
What We Know About the Possible Fiscal Cliff Deal
It appears both sides are quite close to a deal that would avert (or at least quickly reverse) the fiscal cliff. Although negotiations remain ongoing...
Meet the Farm Bill Cliff
While most of the country is focused on the fiscal cliff, The New York Times is reporting on another cliff, this one involving the farm bill. Unlike...
The Bottom Line Takes A Look Back at 2012
Usually around this time, we say we wish this was the year a fiscal plan is enacted. But with the ongoing negotiations between the White House and...
More Support for the Chained CPI
We've talked before about the rational behind implementing the chained CPI, that the current index (CPI-W) does not incorporate substitution effects...
Your One-Stop Shop for Information on the Chained CPI
Because there has been a lot of talk about the chained CPI lately, CRFB has created a brand new " Chained CPI Resource Page" to give readers one place...
Wonkblog's "Choose Your Own Fiscal Cliff Adventure"
While Speaker Boehner and President Obama attempt to bridge their differences in the fiscal cliff negotiations, you can try your hand at creating a...
The Looming Nightmare for the IRS and Taxpayers
The Internal Revenue Service has continued to warn Congress of the administrative consequences of going over the fiscal cliff. In another letter to...
What's in Plan B?
UPDATE: The Joint Committee on Taxation has scored Plan B as costing $4.1 trillion over ten years, savings of $400 billion over a full extension. Both...