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.
Integrating the Budget Process and the Campaign
Harvard Law School professor Howell Jackson has an interesting idea in a Reuters op-ed: if fiscal issues are going to be extremely important in the...
Military Retirement Needs Reform
Military pensions for high-ranking officers are going up significantly, according to a USA Today article. Due to a change in the Defense Authorization...
The Road to Economic Growth
The McKinsey Global Institute recently released a report assessing the efforts of the world’s ten largest mature economies (United States, Japan...
'Line' Items: Baseline Edition
Baseline Instinct – The Congressional Budget Office (CBO) on Tuesday released its much-awaited 2012 Budget and Economic Outlook. According to CBO, if...
Social Security in Even Worse Shape than Before
Over the course of this week, we have been discussing CBO's recent Budget and Economic Outlook. On Tuesday, we summarized the report and released a...
Bernanke 'Supportive of Going Big'
Supporters of enacting a comprehensive deficit reduction plan got a boost yesterday from Federal Reserve Chairman Ben Bernanke. At a hearing with the...
It's About How and When, Not Just How Much
We noted earlier this week that CBO's current law economic assumptions in the near-term do not look very stellar, especially in 2013 when the economy...
Taking a Hatchet to Tax Expenditures
The good folks at the Tax Policy Center have written yet another enlightening report on tax expenditures. This one, titled, " Curbing Tax Expenditures...
Rudolph Penner: Controlling the Deficit--The Debate Continues
CRFB board member Rudolph Penner recently co-authored a paper that is essentially a retrospective on the 2011 deficit debate. He and Urban Institute...
Watch the Extenders Conference Committee's Third Meeting
The conference committee that is tasked with extending various provisions that are set to expire at the end of this month will meet for the third time...
CRFB's New Realistic Baseline
Yesterday, CRFB released its analysis of the latest budget projections from CBO, discussing debt, deficits, spending, and revenues. We also updated...
Fiscal Fact Checker: Has the 'Doc Fix' Actually Become More Expensive?
A claim that has been popping up in some news circles over the past day is that the doc fix -- which freezes Medicare payments to physicians, instead...