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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.

Nov 23, 2009 | Economics

Weekend Editorial Roundup

Here are the highlights from this weekend’s editorials on fiscal and budget policy:As politicians react to record high levels of unemployment,...
Nov 23, 2009

One More FDIC Bank Closing

On Friday evening, the FDIC reported that it has taken over an additional bank (Commerce Bank of Southwest Florida) for a cost to the FDIC of around...
Nov 22, 2009

China Worries About U.S. Debt -- SNL Style

Yesterday, Saturday Night Live's opening sketch featured Chinese President Hu Jintao (played by Bill Hader) in a joint press conference with...
Nov 22, 2009 | Health Care

Senate Votes to Begin Health Care Debate

Yesterday, the Senate voted 60-39 to begin debating their health care reform bill (all 60 votes were needed for debate to continue).  CRFB has...

Reports Roundup

A number of very interesting and relevant government reports have come out this week. Check them out:GAO: Recovery Act: Recipient Reported Jobs Data...
Nov 20, 2009 | Budgets & Projections

The True Costs of Health Reform

UPDATE: CBO has modified its cost estimate for the House bill to save $138 billion over ten years, instead of $109 billion. This change is due...

Blue Dog Coalition Endorses SAFE Commission Act

The Democratic Blue Dog Coalition, a group comprised of fiscally conservative members of the House, officially endorsed the Securing America’s...

Senate Introduces New Health Care Bill

UPDATE: CLICK HERE TO SEE OUR LATEST CHARTS AND GRAPHS COMPARING THE DECEMBER 19TH MANAGER'S AMENDMENT TO THE HOUSE BILL.Yesterday Majority Leader...

Updated Health Care Charts

UPDATE: SEE THE MARCH UPDATE HERE.CRFB has updated its health care chart, detailing the ten-year costs and savings from the most recent...
Nov 18, 2009 | Health Care| Taxes

Taxing Health Care Decisions

Information about the Senate health care bill is trickling in -- word is that coverage provisions will cost $849 billion over ten years and the bill...
Nov 18, 2009 | Budgets & Projections

Senate Health Care Bill to Cost $849 Billion

Breaking news: Senate Majority Leader Harry Reid is finally in the midst of unveiling the health care reform plan that will be brought to the...
Nov 18, 2009 | Budgets & Projections

Will TARP be Renewed?

UPDATE: Treasury Secretary Geithner testified on Nov. 19 before the Joint Economic Committee, stating that "we are winding [TARP] down and will...

$98 Billion Wasted

Government agencies misspent over $98 billion last year, $26 billion more than was wasted the previous year, the Associated Press reports. The White...
Nov 18, 2009 | Budgets & Projections

Debt Hits $12 Trillion

This week, the gross national debt hit a record $12.031 trillion. Gross debt is a broad measure which includes both debt held by the public (...
Nov 17, 2009 | Economics

GM Outlook Improves Despite Q3 Losses

Early this week, General Motors stated that while it is still experiencing losses, it has stabilized itself enough so that the company can begin...
Nov 17, 2009

Several Executives Predict Third Stimulus

Several executives from General Electric and Bank of America Merrill Lynch said early this week in a BofA Merrill Lynch webcast that they see...

CMS Analyzes House Health Care Bill

On Friday, the Centers for Medicare & Medicaid Services (CMS) released a report estimating the effects of the House health care reform...
Nov 16, 2009 | Budget Process| Taxes

Weekend Editorial Roundup

Here are the highlights from this weekend’s editorials on fiscal and budget policy:The New York Times applauds the House and Senate...
Nov 16, 2009

Three More FDIC Bank Closings

On Friday evening, the FDIC reported that it has taken over an additional three banks (Pacific Coast National Bank, Orion Bank, Century Bank) for a...

Freezing Discretionary Spending...

UPDATE: Stan Collender thinks we might be making ice mountains out of snow hills.According to a number of news reports, President Obama has begun...

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