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Blog | May 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.
May 30, 2014 | Social Security

Delaney and Cole Propose Social Security Commission

Reps. John Delaney (D-MD) and Tom Cole (R-OK) introduced the Social Security Commission Act of 2014 today, which would establish a statutory...
May 29, 2014 | Health Care

House Affordable Medicines Caucus Has Options

Reps. Peter Welch (D-VT) and Keith Rothfus (R-PA) have officially re-launched a bipartisan caucus in the House looking to promote the use of high-...
May 29, 2014 | Taxes

Ways and Means Continues Increasing Deficit With Tax Cuts

The Ways and Means Committee is continuing to work through the set of over 50 tax breaks that expired at the end of 2013, choosing certain provisions...
May 28, 2014 | Other Spending

President Obama Announces Path of Troop Drawdown in Afghanistan

President Obama announced yesterday the number of troops that would be remaining in Afghanistan beyond the end of the year. While these levels are...
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May 23, 2014 | Budget Process

The Budgetary Effect of Credit Programs

Credit programs involving loans and loan guarantees are accounted for differently than most other programs in the federal budget. Whereas other...
May 22, 2014

Senate Appropriations Committee Approves FY2015 Spending Levels

Today the Senate Appropriations Committee approved 302(b) spending allocations for FY2015 appropriations at the beginning of a markup for the...
May 22, 2014

Maya MacGuineas: What’s Missing in the Earmark Debate

Maya MacGuineas, President of the Committee for a Responsible Federal Budget, wrote a commentary that appeared in the Wall Street Journal Washington...
May 21, 2014 | Other Spending

Mulvaney Amendment Would Limit OCO Gimmick

Strict limits on discretionary spending have made it difficult for policymakers to fund everything they want. Yet instead of making hard choices and...
May 20, 2014 | Other Spending

House Defense Bill Draws Potential Veto

The White House issued a statement Monday saying that the President's senior advisers would recommend vetoing H.R. 4435, the annual defense...
May 20, 2014

Alan Simpson: Forget Bipartisanship – We Need Generationship

Alan Simpson, one of the chairs of the Simpson-Bowles Fiscal Commission and a member of the Committee for a Responsible Federal Budget, co-wrote an...