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.

Sep 15, 2009 | Budgets & Projections

The Lehman Collapse -- One Year Later

This week marks the one year anniversary of the Lehman Brothers collapse, an event that both seriously destabilized and ominously ruptured the U.S....

The Second Ten Years

CQ reports that CBO is likely to score the costs of the Senate Finance Committee health care bill for the second ten year period. This is excellent...
Sep 15, 2009 | Economics

Can Deficits Fix the Economy?

By Maya MacGuineasLast night I attended a curtain raiser dinner for today’s Dealing with America’s Debt Overhang event, hosted by New...
Sep 15, 2009 | Budget Process

Peterson-Pew Commission Event on Budget Reform

Tomorrow, on September 16th, the Peterson-Pew Commission on Budget Reform will host an event -- Beyond PAYGO -- to discuss recent proposals to gain...
Sep 14, 2009

Fiscal Stimulus: The CEA Report and Beyond

Is the largest fiscal stimulus package adopted in U.S. history working? Is it worth the high fiscal cost in the future? With these questions in mind...
Sep 14, 2009 | Economics

Fiscal Failures Hurt U.S. Competitiveness

UPDATE: See New American Contract's response to our post. They argue there may be trade-offs between improving the fiscal situation and strengthening...
Sep 12, 2009

Three More FDIC Bank Closings

On Friday evening, the FDIC reported that it has taken over three additional banks (Venture Bank, Brickwell Community Bank, and Corus Bank) for a...
Sep 11, 2009 | Budget Process| Health Care

Selective Triggering

We think triggers can be helpful in budgeting, by providing a back-up plan for when estimates prove wrong or conditions change, and by helping...
Sep 10, 2009

CEA Releases Report on the Economic Impact of the Recovery Act

The Council of Economic Advisers has just released their first quarterly report on the economic impact of the American Recovery and Reinvestment Act...
Sep 9, 2009 | Budget Process

Trigger Happy

REVISED: Today, CRFB issued a press release commenting on the President's statement last night on developing a trigger to ensure that any health care...
Sep 9, 2009 | Health Care

The Deficit Pledge

"I will not sign a plan that adds one dime to our deficits – either now or in the future. Period.”That is a clear cut pledge, and a...
Sep 9, 2009 | Health Care

Some Highlights from Obama's Health Care Speech

A few minutes ago, President Obama addressed a joint session of Congress to discuss health care reform. Although he talked about a wide array of...
Sep 9, 2009 | Health Care

Those 'Health Care Gimmicks' Are Still Out There

Today, the Peter G. Peterson Foundation released a Lewin Group analysis of the current House health care reform bill (America’s Affordable...
Sep 9, 2009

Congressional Oversight Panel Reports on Bailout of Auto Industry

This morning, the Congressional Oversight panel released a report on the use of TARP funds to bailout the auto industry, stating that the federal...
Sep 9, 2009 | Health Care

What We'd Like to Hear in the President's Speech Tonight

1. Health reform is first and foremost about controlling costs – There are three major problems people would like to solve through health...
Sep 8, 2009 | Taxes

Ideas for Tax Reform

Recently, Tax Analysts released Toward Tax Reform: Recommendations for President Obama's Task Force , a collection of essays by 32 prominent tax...

Another $95 Billion of Budgeting Through Footnotes

Last week, we wrote about $85 billion worth of stimulus tax cuts which the Obama administration assumed as permanant in their baseline so that they...
Sep 4, 2009

Welcome to The Bottom Line!

CRFB.org has just completed a major web redesign! We encourage you to explore the entire site, along with a whole new USBudgetWatch.org and...
Sep 4, 2009 | Social Security

CBO Projects Social Security Deficits in 2010

CBO recently published new projections for the revenues and outlays for Social Security (kudos to Andrew Biggs for pointing this out). The updated...

Budgeting through Footnotes

 This morning, Lori Montgomery of the Washington Post reported on the decision of the Obama administration to incorporate $85 billion in tax...

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