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.
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CBO Unveils New TARP Estimate
CBO has issued new numbers for the total costs of the Troubled Asset Relief Program (TARP). CBO now estimates that TARP will cost $25 billion over the...
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'Our Fiscal Security' Gets Specific
You might have missed it last week if you were preparing to chow down on some turkey, but Our Fiscal Security (OFS)--a joint project of the Economic...
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One More in the Announcement Effect Club and A So-Close Member
Pete Davis over at Capital Gains and Games joined the Announcement Effect Club over the weekend and FDIC head Sheila Bair came very close. In a blog...
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President Obama Freezes Federal Worker Pay for Two Years
President Obama announced today that he is freezing federal pay for the next two years. This action will save $60 billion over the next ten years, and...
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Feldstein on Tax Expenditures
Martin Feldstein has an interesting op-ed in today's Washington Post on tax expenditures. Tax expenditures -- the list of special tax credits...
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'Line' Items: After the Turkey Edition
Washington Still Has a Full Plate -- Congress returns this week from its Thanksgiving break as fiscal issues will jolt policymakers from their turkey...
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What CRFB Is Thankful For...
As Thanksgiving approaches, we at CRFB wanted to take a moment to reflect on what we are thankful for. We are most thankful for the Simpson-Bowles...
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10 Themes Emerging from the New Debt Reduction Plans
We at CRFB have been calling for people to Get Specific on ways to deal with our long-term fiscal crisis for quite some time. Well, since that has...
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‘Line’ Items: Talking Turkey Edition
Talking Turkey – Congress takes a break this week for Thanksgiving. Lawmakers can be thankful for the brief respite, but the time is quickly coming...
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The Economist Joins the Announcement Effect Club
The Economist joined the Announcement Effect Club last week in an article calling for leadership on the deficit. Following many other plans put out...
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Chairman Bernanke once again: the importance of putting US fiscal policy on a sustainable path
Of particular interest for us, Fed Chairman Bernanke noted the following in his speech today on “Rebalancing the Global Economy” at the European...
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What's Up Doc Fix?
The Senate late Thursday passed another short-term “doc fix” that spares physicians from a 23 percent Medicare payment reduction through the...