Committee for a Responsible Federal Budget
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Blog | August 2010

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.
Aug 30, 2010 | Economics

Trichet Calls for ‘Ambitious’ Debt Reduction

While a great deal of attention has been given to Federal Reserve Chairman Ben Bernanke’s address in Jackson Hole, Wyoming on Friday, the...
Aug 30, 2010 | Economics| Taxes

‘Line’ Items: Emmy Edition

From Red Carpet to Red Ink – The Emmy Awards last night celebrated the best in TV. In Washington, the plotlines are still being written for...
Aug 27, 2010 | Taxes| Other Spending

CRFB President Comments on Fiscal Policy in Jackson Hole

At the Federal Reserve meetings in Jackson Hole, CRFB President Maya MacGuineas, commented on fiscal policy and the need for a credible debt...
Aug 27, 2010 | Taxes

Presidential Panel Releases Tax Reform Report

Today the President’s Economic Recovery Advisory Board issued a report on tax reform options. The report should encourage and inform a vital...

A Liberal Voice for Budget Reform

An op-ed in the New York Times yesterday featured Rep. Earl Blumenauer (D-OR) and his unorthodox approach to fiscal sustainability. Unlike many of...
Aug 26, 2010 | Budgets & Projections

CRFB Releases Its Realistic Baselines

Today, CRFB released a new policy paper showing a more probable fiscal outlook over the coming decade than what baseline budget projections would...
Aug 26, 2010 | Economics

S&P Warns U.S. About Credit Rating

Credit-rating agency Standard & Poor’s has a message to U.S. policymakers: We are watching you on the growing national debt.In an interview...

Current Policy Extensions and Growth

If lawmakers extended various current policies, as opposed to letting them expire as they are set to under current law, what would happen to economic...
Aug 25, 2010 | Taxes

Debate over the 2001/2003 Tax Cuts Heats Up

Debate over the 2001/2003 tax cuts is centered on its economic and budgetary aspects and effects. The President has proposed extending the tax cuts...
Aug 25, 2010 | Budgets & Projections

CBO Reports on ARRA's Continued Impact

Yesterday, CBO released an update on the American Recovery and Reinvestment Act’s (read our analysis of it here) impact on unemployment...

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