Washington Monument

Blog | September 2013

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 30, 2013 | Taxes

House CR Would Worsen the Deficit by Repealing the Medical Device Tax

As we explained this morning, the House of Representatives recently passed a continuing resolution funding the government at FY 2013 levels through...
Sep 30, 2013

Line Items: New Year, No Resolutions Yet Edition

Not a Rockin’ Eve – Monday is New Year’s Eve...fiscally speaking as October 1 marks the beginning of Fiscal Year 2014. There may be...
Sep 30, 2013 | Budgets & Projections

On the Brink of Shutdown?

Today is September 30, the last day of the government's fiscal year. If Congress does not agree on a continuing resolution today to authorize...
Sep 27, 2013 | Budgets & Projections

We Need More Than $13 Trillion in Deficit Reduction Over the Next 20 Years

In light of CBO's updated long-term projections, and our subsequent CRFB Realistic Long-Term Projections, CRFB has taken a fresh look at the minimum...

Discussion with CBO Director Elmendorf on the Costs of Waiting to Address Fiscal Challenges

At the House Budget Committee hearing on CBO's Long-Term Outlook, Rep. Reid Ribble (R-WI), who last week sent a letter calling for action on Social...
Sep 27, 2013 | Taxes

The Tax Break-Down: Individual Retirement Accounts

This is the ninth post in our blog series, The Tax Break-Down, which will analyze and review tax breaks under discussion as part of tax reform. Last...
Sep 26, 2013 | Taxes

Senator Levin Presents Ideas for Sequester Replacement

Last week, Senator Carl Levin (D-MI) introduced legislation that would increase taxes on multinational companies, and suggested that the revenue...
Sep 26, 2013 | Budgets & Projections

Introducing CRFB's Latest Long-Term Realistic Baseline

The release of the Congressional Budget Office's (CBO) Long-Term Budget Outlook is one of the big events in the budget world, and we'd like to think...
Sep 25, 2013 | Budgets & Projections

CBO: A Growing Debt Burden Is a Risky Path to Be On

Continuing with CRFB's analysis of CBO's latest long-term budget projections, we now turn our attention to one of the central themes throughout CBO's...
Sep 25, 2013 | Budgets & Projections

Interest Costs in CBO's Long-Term Projections

As part of our blog series on CBO's recent long-term budget and economic projections, we now turn our focus to the fastest growing part of the...

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