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.
Three More FDIC Bank Closings
On Friday evening, the FDIC reported that it has taken over an additional three banks ( Southern Colorado National Bank, Jennings State Bank, and...
Weekend Editorial Roundup
This weekend, there have been a number of editorials about fiscal and budget policy. Among them: USA Today argued for "patching" the estate tax next...
September Unemployment Rate and Uncertain Outlook
To those watching the economy as it enters into positive territory and the financial markets as they seemed to be getting into gear again, today’s...
This Week's Finance Committee Markup
The Senate Finance Committee wrapped up work today on the markup of their Health Care Reform legislation, America’s Healthy Future Act. After moving...
Social Security Beneficiaries Rise by 19%
According to Bloomberg News, the number of Social Security beneficiaries increased by 19 percent, or 2.6 million retired workers, in FY 2009. This...
FDIC Proposes Banks Prepay Insurance Premiums
This week, the FDIC issued a Notice of Proposed Rulemaking (NPR) to require insured banks to prepay premiums for Q4 2009 all the way through 2012. The...
Simplifying the Tax Code
Yesterday, the tax subgroup of the President's Economic Recovery Advisory Board (PERAB) met to discuss ideas for simplifying the tax code as part of...
Progressives and the National Debt
Today, the Center for American Progress and the Center on Budget and Policy Priorities held a forum, “ Progressives and the National Debt...
Fiscal Year 2010 is Upon Us
Today marks the end of fiscal year 2009 (FY 2009), and to celebrate the occasion, the Committee for a Responsible Federal Budget has put together a...
Highlights from Bill Frenzel's Brookings Web Chat
CRFB co-chair and former congressman Bill Frenzel answered questions on the U.S. budget deficit in a web chat today hosted by The Brookings...
G-20 Summit's Fiscal and Financial News
It would be easy to dismiss the recent G-20 Summit in Pittsburgh as just more political babble, more empty business as usual just among more countries...
Economic Crisis Puts Strain on Social Security
As the Associated Press recently reported, Social Security has come under considerable strain as a result of the economic crisis. Payroll tax revenues...