Committee for a Responsible Federal Budget
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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.

Dec 16, 2009 | Taxes

Note to Citi: Get Your Fiscal House In Order!

The IRS has agreed to give up billions in tax money in exchange for Citigroup’s repurchase of $20 billion of its assets held by TARP. In a...
Dec 16, 2009 | Budgets & Projections

Deficit Commission Debated

Differing views on creating a deficit commission were aired at a Capitol...

Event Recap: Release of 'Red Ink Rising'

On December 14, the Peterson-Pew Commission on Budget Reform...
Dec 15, 2009 | Budgets & Projections

And the Winner Is...

Earlier this year the White House created a contest for...
Dec 15, 2009 | Economics| Budget Process| Taxes

Peterson-Pew in the Press

The Peterson-Pew Commission’s “Red Ink Rising” plan for American lawmakers has earned...
Dec 15, 2009 | Budget Process

Another Issue with Using TARP Funds for Other Purposes

According to a Donald Marron, reallocating TARP funds to...
Dec 14, 2009 | Budgets & Projections

Release of 'Red Ink Rising'

Warning that the out-of-control federal debt places the economic future of our nation at risk, the Peterson-Pew...
Dec 14, 2009

Citi to Repay $20 Billion in TARP Funds

Today, Citigroup announced that it will repay $20 billion in TARP funds. Since last fall, the government has provided $45 billion in capital for...
Dec 14, 2009

Three More FDIC Closings

On Friday evening, the FDIC reported that it has taken over an additional three banks (...
Dec 14, 2009

Washington Post Warns of Coming Debt Panic

The Washington Post, this morning, warned that...
Dec 11, 2009 | Budgets & Projections

House Passes $447 Billion 'Minibus' Bill

The House passed a bill yesterday...
Dec 10, 2009

Troubled Asset Relief Program: Year-End Review

On December 9, Secretary Geithner requested that TARP be renewed through October 3, 2010. Having spent a net of $386 billion, the $700 billion...
Dec 10, 2009 | Budget Process

CRFB's MacGuineas Calls for Budget Reform

Committee for a Responsible Federal Budget president Maya MacGuineas has an...
Dec 9, 2009 | Budgets & Projections

Fiscal Recovery Plan in the FY 2011 Budget?

There's an intriguing passage in...
Dec 9, 2009 | Budgets & Projections

Bipartisan Budget Commission Proposed

Senate Budget Committee chairman Kent Conrad (D-ND) and ranking Republican Judd Gregg (R-NH) today introduced legislation to create an 18 member...
Dec 9, 2009

Dealing with Debt

There’s a reason India Times just picked up David...
Dec 8, 2009 | Budget Process

TARP: Offset or Gimmick?

In his speech today, President Obama proposed reducing the amount of money available in the TARP fund to pay for the...
Dec 8, 2009 | Health Care

In Support of Cost Control

This morning, eleven freshman Senators introduced a series of health care reform amendments which they call the...

The Grassroots Talk Fiscal Stewardship

Citizens from across the country had a message yesterday for lawmakers: we are working together to solve our fiscal challenges, why can’t...

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