Happy New Year!

We have an end-of-year tradition here at CRFB to take a look back at the prior year. In 2013, we wrote roughly 45 policy papers, budget updates, and releases along with more than 625 different blogs here at The Bottom Line.

Compared with last year, "fiscal cliff" has virtually disappeared from our vernacular, but discussion of the sequester has been considerable. 2013 was an important year for beginning to stabilize our medium-term fiscal situation. But as we've explained before, our long-term debt problems are very far from solved. Perhaps 2014 will offer an opportunity to improve them.