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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 4, 2009 | Economics

November Unemployment Report

According to today's Bureau of Labor Statistics report, the unemployment rate eased back to the 10 percent politically sensitive threshold in...
Dec 4, 2009

ECB Calls for Fiscal Consolidation Strategies

A few hours before similar remarks were made by Fed Chairman Bernanke (see previous blog), his European counterpart, European Central Bank (ECB) head...
Dec 4, 2009

Bernanke on Fiscal Exit Strategy

On December 3rd, Federal Reserve Board Chairman Ben Bernanke appeared before the Senate Banking Committee for the hearing on his nomination to a...
Dec 3, 2009 | Health Care

Fiscally Responsible Organizations Issue Statement on Health Care Reform

A group of budget experts including CRFB president, Maya MacGuineas, released a “Statement on Health Care Reform,” calling for further...
Dec 3, 2009 | Taxes

House Votes to Make Estate Tax Permanent

The House today voted to avoid eliminating the estate tax next year, only to have it return in 2011 at higher levels. Instead, the current levels of...
Dec 3, 2009 | Budgets & Projections

TARP Winding Down as BofA Says It Will Repay Aid

Secretary Geithner recently said that the Administration will outline its exit strategy for TARP in the next few weeks, but the expiration date has...

Bad Budget Concepts and The Case of Student Loans

Sometimes, the way we score certain items in the budget leads to sub-optimal policy choices. For example, as we explained recently, the long-term...
Dec 2, 2009 | Other Spending

Let's Offset the Costs of the Troop Surge

Last night President Obama gave a long-awaited speech on his plan for increasing troop levels, stating his intention to increase troops by 30,000,...
Dec 1, 2009 | Health Care

Stimulus COBRA Subsidies Begin Expiring

Today, federal COBRA subsidies that help unemployed workers purchase health insurance from their former employers begin expiring. February’s...

CBO Reports on the Effect of Reform on Premiums

Under the Senate health care reform bill the average American will pay about the same for insurance as he or she pays now, the CBO and the Joint...

CBO Report Discusses ARRA Effect on Jobs, GDP Growth

The Congressional Budget Office has come out with a report estimating the impact of the American Recovery and Reinvestment Act on employment and...
Nov 30, 2009 | Taxes| Other Spending

Considering a War Tax

Update: An editorial in today's Washington Post discusses the possibility of increasing the gasoline tax to help pay for the troop increase. The...
Nov 30, 2009 | Economics| Budget Process

Weekend Editorial Roundup

Here are the highlights from this weekend’s editorials on fiscal and budget policy:The Wall Street Journal calls the pharmaceutical industry...
Nov 30, 2009 | Health Care

How to Reduce National Health Spending

The New England Journal of Medicine, last week, had an article by four RAND researchers on Controlling U.S. Health Care Spending. Using Massachusetts...
Nov 25, 2009 | Budgets & Projections

FDIC Deposit Fund Turns Negative

Yesterday, the FDIC reported that the deposit insurance fund fell below zero for the first time since the third quarter of 1992 (during the savings-...
Nov 24, 2009 | Budget Process

Federal Officials Pressure ‘Pay Czar’ to Ease Pay Restrictions at AIG

Worry about the government’s investment in AIG has prompted some federal officials to call for easing the restrictions on pay at AIG for 2010,...

Interactive and Sharable Graphs Comparing the Health Care Bills

UPDATE: CHARTS AUTOMATICALLY UPDATE AS NEWER LEGISLATION IS PUT FORWARD. CURRENTLY, THEY REFLECT THE MANAGER'...
Nov 23, 2009

Deficit and Debt Make Headlines

Public concern over the United States’ ballooning deficit and debt seems to be growing. Both the cover of this week’s Economist and the...
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...

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