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 22, 2009 | Budgets & Projections

A Gimmick We Like

We spend a lot of time warning about budget gimmicks. But OMB’s new contest for federal employees to submit ideas for how the government can...
Sep 22, 2009 | Social Security

Understanding What Happened to My Social Security COLA

AARP Public Policy Institute recently held an event on the impact of a period without a cost-of-living adjustment on Social Security beneficiaries...
Sep 21, 2009

Pressure to Extend Expiring Stimulus Provisions Likely

Recently, Senate Majority Leader Harry Reid announced his support for the extension of the First-time Homebuyer Tax Credit by signing on as a...
Sep 19, 2009

One More FDIC Bank Closing

On Friday evening, the FDIC reported that it has taken over an additional bank (Irwin Union Bank and Trust Company) for a cost to the FDIC...
Sep 18, 2009

Financial Crisis Inquiry Commission Kicks Off Work This Week

This week, members of the 10-person, bipartisan Financial Crisis Inquiry Commission met for the first time to begin efforts to investigate the causes...
Sep 18, 2009 | Budgets & Projections

Treasury Ends Money Market Fund Guarantee

Today, the Treasury announced the end of the Guarantee Program for Money Market Funds. According to the Treasury, risk of a “catastrophic...
Sep 17, 2009 | Budget Process

Event Recap - Beyond PAYGO

Yesterday the Peterson-Pew Commission on Budget Reform hosted its first public event -- Beyond PAYGO. Five panelists discussed recent proposals to...
Sep 16, 2009 | Health Care

Comparing Costs of the Health Care Reform Bills

Click here for CRFB's latest comparison chart, along with interactive graphs, comparing the costs and savings of the bill passed by the House to the...
Sep 16, 2009 | Budget Process

Peterson-Pew Commission Policy Paper on Budget Reform Proposals

Today, the Peterson-Pew Commission on Budget Reform issued its first policy paper, “A Closer Look at the President’s FY 2010 Budget...

CBO Releases Analysis of Finance Committee Health Care Reform Bill

The Congressional Budget Office (CBO) has released the preliminary analysis of the completed specifications for the Finance Committee’s...
Sep 16, 2009

Watch Peterson-Pew Event Live

"Beyond PAYGO: The Federal Budget Process and Proposals for Reform" is scheduled to kick off this morning at 8:45.You can watch the event...
Sep 15, 2009 | Health Care

Opinion Piece on Budget Reform

Maya MacGuineas’ opinion piece in Roll Call, Reducing the Budget Deficit Requires More Than Just Health Care Reform, argues that: 1)...
Sep 15, 2009 | Budgets & Projections

A Brief History of (Financial) Time

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

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