Washington Monument

Blog | December 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.

Top 14 Charts About the Budget in 2014

This year was an eventful one for the federal budget. To explain the year's events, CRFB wrote 427 blogs, 17 papers, and created more than a...
Dec 22, 2014 | Budgets & Projections

Senators Chambliss and Coburn Bid Farewell, Talk Fiscal Issues

The end of the 113th Congress saw the retirement of two Senators who actively fought for controlling and limiting the U.S. federal debt. Senators...

CBO Shows Social Security is in Financial Trouble

It is clear that Social Security faces financial challenges. This year, its own Trustees estimated the combined trust funds would run out of reserves...
Dec 19, 2014 | Taxes

Senator Cardin Proposes Reform With a Consumption Tax

Senator Ben Cardin (D-MD) introduced the Progressive Consumption Tax Act last week that would reform the tax code and change the way that tax revenue...
Dec 18, 2014 | Budgets & Projections

CRS Talks About Need for Fiscal Sustainability and Plans to Achieve It

The Congressional Research Service's Jane Gravelle recently put out a paper on plans to address long-term deficits and debt. The piece both goes...
Dec 18, 2014 | Other Spending

Maya MacGuineas: How Much the Growing Debt Costs U.S. Households

Maya MacGuineas, President of the Committee for a Responsible Federal Budget, wrote a commentary that appeared in the Wall Street Journal Washington...
Dec 18, 2014 | Budgets & Projections

Discussing the Uncertainty of Long-Term Budget Projections

An old saying goes, "Nothing is certain but death and taxes." But in budget projections, neither of those things -- mortality rates nor...
Dec 17, 2014 | Social Security

Sen. Coburn Introduces Bill to Reform SSDI

In his final week on Capitol Hill, retiring Senator Tom Coburn (R-OK) introduced a bill with a wide-ranging set of measures to, in his words, protect...
Dec 15, 2014 | Other Spending| Taxes

Delaney Combines Tax Reform and Infrastructure...With a Twist

Tax reform has been an increasingly common way to pay for infrastructure spending in recent years. Both President Obama and outgoing House Ways and...

Event Recap: A Discussion on Dynamic Scoring

The Committee for a Responsible Federal Budget hosted a policy discussion this past Tuesday on dynamic scoring. CRFB President Maya MacGuineas opened...

Pages