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.
So, How About That TARP?
Last week, we reported the good news from the Congressional Budget Office that the Troubled Asset Relief Program (TARP) would cost $25 billion...
Coburn's Call to Arms for Tackling the Deficit
Senator Tom Coburn (R-OK) had some pretty inspiring words on the floor of the Senate the other night. He spoke about that the challenges in front of...
Gene Steuerle: Encouraging Savings and Reducing the Debt
CRFB Board Member, Gene Steuerle, is co-author with Robert Friedman of a recent op-ed which discusses how to prioritize tax breaks to encourage...
House Passes Hybrid Spending Bill; Year-long Budget Disaster Nears Conclusion
Continuing its year-long lesson in "How Not To Budget," the House Wednesday passed legislation that would freeze overall Fiscal Year 2011...
Not Enough Thirst in Congress for Ad Hoc COLA
Today legislation to provide $250 payments to Social Security recipients in lieu of a cost-of-living adjustment (COLA) failed to garner enough votes...
CRFB Board Member James T. Lynn Dies
James T. Lynn, a member of the Committee for a Responsible Federal Budget board and former budget director in the Ford administration died Dec. 6 in...
Markets’ Initial Reactions to the New Fiscal Compromise
Financial markets have reacted to the new tax cut deal between the White House and Congressional leaders which would add some $800-900 billion to our...
Tax Cut Deal Revealed
It appears that President Obama and Republican lawmakers have reached a deal to extend the tax cuts enacted from 2001 to 2003. Part of the deal...
The Center for American Progress Gets Specific
Today, the Center for American Progress released a plan to get specific on our growing deficits and debt. Or, rather, they've released five...
‘Line’ Items: What Now? Edition
Commission Can’t Quite Commit – The President’s Fiscal Commission was able to produce a fiscal plan last week that garnered a bipartisan majority of...
CNN Money Exclusive: A debt fix to believe in
In her latest commentary on CNN Money, CRFB President Maya MacGuineas celebrates the bipartisan, super-majority vote of the Fiscal Commission and...
Steven Pearlstein Joins the Announcement Effect Club
After the addition of the Fiscal Commission to the Announcement Effect Club last week, Steven Pearlstein of the Washington Post kept the membership...