Washington Monument

Blog | October 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.

Wessel: Why It's Wrong to Dismiss the Deficit

Two weeks ago, we responded to a Larry Summers op-ed calling for a focus on growth rather than deficits. Yesterday, Wall Street Journal economics...
Oct 31, 2013 | Budgets & Projections

Short-Term Deficits May Be Shrinking, But Long-Term Problem Remains

Update: This blog has been updated to include the Mid-Session Review and CBO projections for the 2013 deficit.Yesterday, the Treasury Department...
Oct 31, 2013 | Taxes

The Tax Break-Down: the FICA Tip Credit

This is the thirteenth post in our blog series, The Tax Break-Down, which will analyze and review tax breaks under discussion as part of tax...

SSA Announces New COLA

Yesterday, the Social Security Administration announced that beneficiaries will be receiving a 1.5 percent Cost-of-Living Adjustment (COLA) this year...
Oct 30, 2013 | Budgets & Projections

Jim Nussle: For Budget Conference, Start With The Pizza

Today was the first meeting of the budget conference committee negotiating over this year's discretionary spending levels. Although the first...
Oct 30, 2013 | Budgets & Projections

The Budget Conference Committee's First Meeting

The first meeting of the budget conference committee is today! The committee will have a month and a half to reconcile the House and Senate-passed...
Oct 29, 2013

Line Items: Trick or Treat Edition

Conference Calls – While many of us prepare for a spooky adventure Thursday night, the day before will mark the beginning of another eerie...
Oct 29, 2013 | Health Care

Daschle: Now's the Time for Entitlement Reform

In an op-ed in POLITICO yesterday, former Senate Majority Leader Tom Daschle argued that the upcoming conference committee was the perfect time to...
Oct 29, 2013

MY VIEW: Erskine Bowles and Alan Simpson

The budget conference committee will begin to meet in full shortly, when the conferees will begin to look for a compromise between the Senate and...

Could Faster Growth Solve Our Debt Woes?

A number of commentators have suggested recently that our budget problems could be solved if only we focused more on promoting economic growth....

Pages