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.
First Anniversary of the Fiscal Commission's Final Report, The Moment of Truth
Today marks the first anniversary of the release of The Moment of Truth, the final report of the National Commission on Fiscal Responsibility and...
Today's Fiscal Debate: The Good and the Bad
In the wake of the Super Committee being unable to recommend a package of savings, many other lawmakers have been stepping in to fill the void on debt...
Bipartisan Push in House for Expedited Rescission Authority
Today, Reps. Paul Ryan (R-WI) and Chris Van Hollen (D-MD), the two leading members of the House Budget Committee, introduced a bill to give the...
Sen. Portman to Propose Corporate Tax Reform Early Next Year
At an American Enterprise Institute event yesterday, Sen. Rob Portman (R-OH) announced that he will unveil a plan to reform the corporate tax code in...
Paying for Any Payroll Tax Cuts
Later this week, Senate majority leader Harry Reid is expected to hold a vote on the two largest components of President Obama’s jobs bill, totaling...
Fitch Cuts Outlook on US Credit Rating to Negative
This afternoon Fitch Ratings lowered the outlook on the United States' credit rating from stable to negative. Fitch, considered one of the "big three"...
‘Line’ Items: Post-Turkey Edition
Stuffed – The Super Committee talked turkey, but in the end produced no meat. All that got placed before us was the warmed-over stuffing of partisan...
Deja Vu All Over Again: Another Busy December
News flash: Congress has a huge checklist to take care of. Many expiring tax provisions need to be dealt with, along with other temporary policies and...
Friedman: "Go Big, Mr. Obama"
In his New York Times column this morning, Tom Friedman urged the president to “Go Big” to put the country on a “sustainable economic recovery path”...
Kudos to Those Who Are Resisting Efforts to Turn Off the Trigger!
We talked yesterday about the importance of keeping the trigger, or the automatic sequester of $1.2 trillion in spending cuts, in place in order to...
MY VIEW: Rudy Penner November 2011
CRFB board member Rudy Penner recently authored a CNN Money op-ed in which he writes that Congress has delayed the necessary fiscal adjustments for so...
‘Line’ Items: Super Failure Edition
SuperBad – Well, they did it after all. In an amazing feat of utter failure, the so-called Super Committee managed to under-perform the already low...