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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.

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...
Nov 13, 2009

FDIC to Collect Three Years of Premiums in Advance

The FDIC has just adopted a rule to require banks to pay at the end of 2009 the amount they would owe the FDIC for insurance premiums over the next...
Nov 12, 2009 | Budgets & Projections

Administration Claims Extra TARP Cash Is Deficit Reduction

This morning, a Wall Street Journal article reported that the White House intends to use some of the remaining TARP cash for deficit reduction, while...
Nov 12, 2009 | Budgets & Projections

Monthly Treasury Statement Shows $1.417 trillion Final Deficit Number for FY 2009

The Monthly Treasury Statement is out, and states that Fiscal Year 2010 is off to a perilous start. The deficit for the month of October is ringing...
Nov 11, 2009 | Economics

High Unemployment Numbers Displayed in Interactive Graphics

Last Friday, we blogged on new information from the Bureau of Labor Statistics reporting the astonishingly high monthly unemployment rate for October...
Nov 11, 2009 | Budgets & Projections

Gaps Return to State Budgets

In a recent report from the Center on Budget and Policy Priorities (CBPP), mid-year budget shortfalls, totaling $16 billion or 4 percent of these...

Stop Us Before We Spend Again

President of the Committee for a Responsible Federal Budget, Maya MacGuineas, testified before the Senate Budget Committee on proposals to form a...
Nov 10, 2009 | Budgets & Projections

Treasury Ends Capital Assistance Program

Yesterday, the Treasury announced that the Capital Assistance Program (CAP), one of TARP’s several programs, will close, having made no...

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