Committee for a Responsible Federal Budget
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Blog

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.

Sep 4, 2009 | Social Security

CBO Projects Social Security Deficits in 2010

CBO recently published new projections for the revenues and outlays for Social Security (kudos to Andrew Biggs for pointing this out). The updated...

Budgeting through Footnotes

 This morning, Lori Montgomery of the Washington Post reported on the decision of the Obama administration to

Constructing a "Current Policy" Baseline

Today, US Budget Watch released The Cost of “Current Policy”.
Sep 2, 2009 | Budgets & Projections

The Ups and Downs of Buttressing the Economy

Yesterday, the Wall Street Journal posted an articl

Pandering to Seniors

Responsible budgeting is always challenging – but it is particularly so when the discussion centers on certain “third rail" issues...
Aug 31, 2009

Wash Post and FT Call For Medium-Term Deficit Reduction Plan

Recently, both the Washington Post (
Aug 30, 2009 | Budgets & Projections

So What Will the Deficit Really Be?

Last week, the Congressional Budget Office (CBO) released its updated Budget and Economic Outlook and the Office of Management and Budget (OMB) ...
Aug 26, 2009

NewsHour Budget Segment

MacGuineas, Guha, and Wessel on the
Aug 26, 2009 | Budgets & Projections

Put Another $2 Trillion on the Tab

CRFB released this report on OMB's Mid-Session Revie
Aug 24, 2009 | Budgets & Projections

OMB's Mid-Session Review Will Show Greater Ten-Year Deficits

Late Friday the White House conceded that ten-year deficits would total around $9 trillion, according to their estimates.
Aug 24, 2009

Bernanke at Jackson Hole

The Fed is holding its annual summer retreat at Jackson Hole, Wyoming, which features Fed officials and outside experts discussing the critical i
Aug 21, 2009 | Social Security

Fiscal Space, Stimulus and Entitlement Cuts

Given the weak economy, how do we balance our need for economic stimulus now with our need to get our fiscal house in order to prevent the age and
Aug 20, 2009 | Budgets & Projections

Mid-Session Review to Report Lower 2009 Deficit

August 20 - Next Tuesday the Office of Management and Budget (OMB) will release their Mid-Session Review of the budget.
Aug 18, 2009 | Budgets & Projections

Record Monthly and Yearly U.S. Deficit

August 18 - According to Bloomberg, last month's budget deficit hit a
Aug 17, 2009 | Other Spending

Unwanted Defense Spending Draws Presidential Veto Threat

President Obama reiterated his intention to veto any Defense App
Aug 14, 2009

Obama Economic Advisor Appears on The Daily Show

Austan Goolsbee, chief economist of President Obama's Economic Recovery Advisory Board appears below on the Daily Show with John Stewart.
Aug 12, 2009 | Economics

FOMC Leaves Stance Unchanged

August 12 - The key Fed policymaking body, the Federal Open Market Committee (FOMC), released its

CRFB Discusses CBO Social Security Projections

August 11 - Today, CRFB released a report highlighting its take

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