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Blog | October 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.
Oct 31, 2014 | Budgets & Projections

Happy Halloween From CRFB

Happy Halloween! For the spookiest day of the year (though some might argue that's April 15th), CRFB is thinking about scary costumes and wondering...
Oct 30, 2014 | Health Care

Another Way to Look at the Medicare Slowdown

A recent Health Affairs piece from CRFB's Loren Adler and Adam Rosenberg showed that the prescription drug benefit, Part D, has been...
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Oct 30, 2014 | Taxes

A Bad Deal on Extenders

As soon as the election is over, the lame duck Congress will be pressed to deal with several pieces of must-pass legislation before the end of the...
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Oct 30, 2014 | Social Security

Do Americans Really Favor a Revenue-Only Approach to Social Security Reform?

The National Academy of Social Insurance (NASI) released a survey last week (see video of CRFB President Maya MacGuineas at the release event) ...
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CBO Report Parses the Reasons for Part D's Slow Growth

The last few months have seen a number of new ideas to save money in Part D of Medicare by encouraging more efficient use of drugs by prescription...
Oct 28, 2014 | Budgets & Projections

McCarthy Suggests Increased Focus on Long-Term Budgeting

House Majority Leader Kevin McCarthy (R-CA) tells Politico that his priorities for the next Congress include the budget process, and in particular,...
Oct 28, 2014 | Economics

Erskine Bowles: Urgency of Federal Deficit Remains

Erskine Bowles is a former co-chair of the Simpson-Bowles Fiscal Commission and member of the Committee for a Responsible Federal Budget. He wrote an...
Oct 24, 2014 | Social Security

Social Security is A Little Bit Harder to Secure

Social Security's finances are far from secure, and every year that Congress waits before addressing the problem makes it harder to fix. This week,...
Oct 23, 2014 | Budgets & Projections

Why the 40-Year Average is a Poor Benchmark

In response to Howard Gleckman's piece on the FY 2014 deficit where he noted that the budget had returned to "normal," Donald Marron...
Oct 22, 2014 | Social Security

SSDI Hearings Running Behind

Although the Veterans Affairs (VA) and the Patent Office are infamous among federal agencies for the long wait times and lines, their backlogs pale...