Committee for a Responsible Federal Budget
Washington Monument

Blog | December 2012

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.
Dec 31, 2012 | Budgets & Projections

What We Know About the Possible Fiscal Cliff Deal

It appears both sides are quite close to a deal that would avert (or at least quickly reverse) the fiscal cliff. Although negotiations remain ongoing...
Dec 21, 2012 | Other Spending

Meet the Farm Bill Cliff

While most of the country is focused on the fiscal cliff, The New York Times is reporting on another cliff, this one involving the farm bill. Unlike...
Dec 21, 2012

The Bottom Line Takes A Look Back at 2012

Usually around this time, we say we wish this was the year a fiscal plan is enacted. But with the ongoing negotiations between the White House and...
Dec 20, 2012 | Social Security

More Support for the Chained CPI

We've talked before about the rational behind implementing the chained CPI, that the current index (CPI-W) does not incorporate substitution effects...
Dec 20, 2012 | Social Security

Your One-Stop Shop for Information on the Chained CPI

Because there has been a lot of talk about the chained CPI lately, CRFB has created a brand new "Chained CPI Resource Page" to give readers...
Dec 20, 2012 | Budgets & Projections

Wonkblog's "Choose Your Own Fiscal Cliff Adventure"

While Speaker Boehner and President Obama attempt to bridge their differences in the fiscal cliff negotiations, you can try your hand at creating a...

The Looming Nightmare for the IRS and Taxpayers

The Internal Revenue Service has continued to warn Congress of the administrative consequences of going over the fiscal cliff. In another letter to...
Dec 19, 2012

What's in Plan B?

UPDATE: The Joint Committee on Taxation has scored Plan B as costing $4.1 trillion over ten years, savings of $400 billion over a full extension....
Dec 19, 2012 | Social Security| Taxes

Robert Greenstein Answers Critics on Chained CPI

The chained CPI has been receiving much attention lately after being included in the latest offers from both the GOP and White House. Some critics of...
Dec 19, 2012 | Budgets & Projections

Fitch Warns of Possible Downgrade as We Approach the Fiscal Cliff

With time running out for a deal, the U.S. credit rating may be in jeopardy if lawmakers don't reach a compromise to replace the fiscal cliff. Fitch...

Pages