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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.

Oct 8, 2009 | Economics

Point-Counterpoint: When should we start caring about debt?

On the heels of yesterday’s debate in the LA Times, Maya MacGuineas participates in a point-counterpoint today with Dean Baker from Center for...
Oct 7, 2009 | Budgets & Projections

Cost of the Finance Committee Health Care Bill

Today the Congressional Budget released their analysis of the amended version of the America’s Healthy Future Act of 2009, the health care...
Oct 7, 2009

Debate on Necessity of Additional Stimulus

In response to high unemployment numbers, the Obama Administration is discussing the idea of a tax credit for employers that create new jobs. House...
Oct 6, 2009

Urban Institute Panelists Examine Exploding Debt

The Urban Institute hosted an event today on The Financial and Economic Consequences of an Exploding Debt. Len Burman, Norman Ornstein, Mike Mussa,...
Oct 6, 2009 | Budgets & Projections

Memo for FY2011 Budget Preparation: Positive Effects from Preannouncing Deficit Reduction

Faced with massive debt burdens coming out of the economic and financial crisis – even before the retirement and health care tsunami hits...
Oct 6, 2009 | Taxes

The U.S. Taxpayer and the IMF

For the U.S. taxpayer, last weekend’s International Monetary Fund (IMF) meetings in Turkey were a reminder of the importance of global...
Oct 5, 2009 | Budgets & Projections

TARP -- One Year Later

Saturday marked the one-year anniversary of the Troubled Asset Relief Program (TARP), established as part of the Emergency Economic Stabilization Act...
Oct 5, 2009

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...
Oct 2, 2009 | Economics

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...
Oct 2, 2009

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....

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...
Oct 1, 2009

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....
Oct 1, 2009 | Taxes

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...
Sep 30, 2009

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:...
Sep 30, 2009

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...
Sep 30, 2009

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...
Sep 29, 2009 | Economics

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...
Sep 29, 2009 | Social Security

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...
Sep 29, 2009 | Budgets & Projections

CRFB Co-Chair Bill Frenzel to Speak at Brookings

Committee for a Responsible Federal Budget co-chair Bill Frenzel is speaking about the budget deficit at The Brookings Institution
tomorrow. Frenzel...

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