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Blog | April 2014

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.
Apr 30, 2014 | Other Spending

House Kicks Off FY 2015 Appropriations Process

The first of the FY 2015 appropriations bills hit the House floor today, kicking off a five month timeline for lawmakers to avoid a government...
Concept_House of Representatives
Apr 29, 2014 | Other Spending

Senate to Consider Bipartisan Housing Finance Reform Bill

The push among lawmakers to reform housing finance has picked up lately, as proposals have been emerging in recent weeks. The most prominent one in...
Apr 29, 2014 | Taxes| Budget Process

Understanding the Difference Between Temporary and Permanent in Budget Scoring

This week, Congress will continue to deliberate if and how to continue the “tax extenders” which expired at the end of 2013. In doing so...
Concept_House of Representatives
Apr 28, 2014 | Taxes

Ways & Means Considers Extending Business Tax Breaks

The House and Senate appear to be taking different approaches to the "tax extenders" which expired at the end of 2013. Whereas the Senate...
Apr 25, 2014

CBO's Latest Estimate of TARP: $27 Billion

Caught up in the release of CBO's baseline and its analysis of the President's budget last week was another CBO update of their estimate of the...
Apr 25, 2014 | Other Spending

Pentagon to Release Afghanistan Requests

With the U.S.'s involvement in Afghanistan set to wind down at the end of the year, there is some uncertainty about the military presence in 2015 and...
Apr 24, 2014 | Budgets & Projections

An Apples-to-Apples Comparison of the FY 2015 Budgets

Every year when the President releases his budget, CBO re-estimates the budget using a baseline set of economic assumptions – the same as...
Concept_Magnifying Glass
Apr 24, 2014

Farm Spending in the April 2014 CBO Baseline

CBO recently released an update to its 2014-2024 baseline including the first detailed agriculture projections since May 2013. Since then, Congress...
Apr 23, 2014 | Budgets & Projections

The President's Budget Against Different Baselines

In our paper on CBO's analysis of the President's budget, we compared how CBO and OMB estimated the budget's policies relative to CBO...

Good News and Bad News for Federal Trust Funds

CBO’s latest budget outlook contained good news and bad news for some of the federal government’s largest trust funds. First,...