Committee for a Responsible Federal Budget
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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.

Sep 9, 2009 | Health Care

Some Highlights from Obama's Health Care Speech

A few minutes ago, President Obama addressed a joint session of Congress to discuss health care reform. Although he talked about a wide array of...
Sep 9, 2009 | Health Care

Those 'Health Care Gimmicks' Are Still Out There

Today, the Peter G. Peterson Foundation released a Lewin Group analysis of the current House health care reform bill (America’s Affordable...
Sep 9, 2009

Congressional Oversight Panel Reports on Bailout of Auto Industry

This morning, the Congressional Oversight panel released a report on the use of TARP funds to bailout the auto industry, stating that the federal...
Sep 9, 2009 | Health Care

What We'd Like to Hear in the President's Speech Tonight

1. Health reform is first and foremost about controlling costs – There are three major problems people would like to solve through health...
Sep 8, 2009 | Taxes

Ideas for Tax Reform

Recently, Tax Analysts released Toward Tax Reform: Recommendations for President Obama's Task Force , a collection of essays by 32 prominent tax...

Another $95 Billion of Budgeting Through Footnotes

Last week, we wrote about $85 billion worth of stimulus tax cuts which the Obama administration assumed as permanant in their baseline so that they...
Sep 4, 2009

Welcome to The Bottom Line!

CRFB.org has just completed a major web redesign! We encourage you to explore the entire site, along with a whole new USBudgetWatch.org and...
Sep 4, 2009 | Social Security

CBO Projects Social Security Deficits in 2010

CBO recently published new projections for the revenues and outlays for Social Security (kudos to Andrew Biggs for pointing this out). The updated...

Budgeting through Footnotes

 This morning, Lori Montgomery of the Washington Post reported on the decision of the Obama administration to incorporate $85 billion in tax...

Constructing a "Current Policy" Baseline

Today, US Budget Watch released The Cost of “Current Policy”. In this analysis, we show that, while deeply troublesome, CBO’s $7.1...
Sep 2, 2009 | Budgets & Projections

The Ups and Downs of Buttressing the Economy

Yesterday, the Wall Street Journal posted an article discussing the FDIC’s soon-to-be urgent need to draw money from its $500 billion Treasury...

Pandering to Seniors

Responsible budgeting is always challenging – but it is particularly so when the discussion centers on certain “third rail" issues...
Aug 31, 2009

Wash Post and FT Call For Medium-Term Deficit Reduction Plan

Recently, both the Washington Post (Bad-News Budget) and the Financial Times (Fiscal Challenges for a Recovering US) have written excellent...
Aug 30, 2009 | Budgets & Projections

So What Will the Deficit Really Be?

Last week, the Congressional Budget Office (CBO) released its updated Budget and Economic Outlook and the Office of Management and Budget (OMB) ...
Aug 26, 2009

NewsHour Budget Segment

MacGuineas, Guha, and Wessel on the NEWSHOUR, on the reappointment of Bernanke and the new budget numbers.
Aug 26, 2009 | Budgets & Projections

Put Another $2 Trillion on the Tab

CRFB released this report on OMB's Mid-Session Review. (We will soon release a more detailed analysis.) CBO provides a comparison chart between OMB...
Aug 24, 2009 | Budgets & Projections

OMB's Mid-Session Review Will Show Greater Ten-Year Deficits

Late Friday the White House conceded that ten-year deficits would total around $9 trillion, according to their estimates. This is $2 trillion greater...
Aug 24, 2009

Bernanke at Jackson Hole

The Fed is holding its annual summer retreat at Jackson Hole, Wyoming, which features Fed officials and outside experts discussing the critical...
Aug 21, 2009 | Social Security

Fiscal Space, Stimulus and Entitlement Cuts

Given the weak economy, how do we balance our need for economic stimulus now with our need to get our fiscal house in order to prevent the age and...
Aug 20, 2009 | Budgets & Projections

Mid-Session Review to Report Lower 2009 Deficit

August 20 - Next Tuesday the Office of Management and Budget (OMB) will release their Mid-Session Review of the budget. They plan to announce that...

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