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.
The Tax Break-Down: American Opportunity Tax Credit
This is the tenth post in our blog series, The Tax Break-Down, which will analyze and review tax breaks under discussion as part of tax reform. Last...
On Income Tax's 100th Birthday, Time for Another Look
Today marks the centennial anniversary of the federal income tax, signed into law on October 3, 1913 by President Woodrow Wilson. Though this date...
Government Shutdown Limits Budget Options (Literally!)
The government is still shut down, the debt ceiling is fast approaching, and the need to put our debt on a sustainble path remains. This environment...
The Economic Cost of the Shutdown
As we enter day 2 of the government shutdown, Americans across the country are already feeling the impact. With federal government offices and...
Debt Ceiling Watch 2013
In order to avoid bumping up against the statutory debt ceiling, the Department of the Treasury has begun undertaking a number of so-called...
Q&A: Everything You Should Know About the Debt Ceiling
While it is incredibly disappointing that elected officials in Washington failed to avoid a government shutdown, attention is quickly turning towards...
David Walker: American Nightmare
Former Comptroller General and CRFB Board Member David Walker writes in Public Finance International that the struggles in Detroit are a symbol of...
(Un)happy Fiscal New Year!
Today, October 1st, marks the first day of the 2014 fiscal year for the government, and the first day of a government shutdown in which 40 percent of...
Welcome to Shutdown
Today is the first October, first day of 2014 fiscal year, and because of the failure of Congress, the first day of the government shutdown. Yesterday...
House CR Would Worsen the Deficit by Repealing the Medical Device Tax
As we explained this morning, the House of Representatives recently passed a continuing resolution funding the government at FY 2013 levels through...
Line Items: New Year, No Resolutions Yet Edition
Not a Rockin’ Eve – Monday is New Year’s Eve...fiscally speaking as October 1 marks the beginning of Fiscal Year 2014. There may be a countdown, and a...
On the Brink of Shutdown?
Today is September 30, the last day of the government's fiscal year. If Congress does not agree on a continuing resolution today to authorize spending...