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.
Economic Crisis Puts Strain on Social Security
As the Associated Press recently reported, Social Security has come under considerable strain as a result of the economic crisis. Payroll tax revenues...
CRFB Co-Chair Bill Frenzel to Speak at Brookings
Committee for a Responsible Federal Budget co-chair Bill Frenzel is speaking about the budget deficit at The Brookings Institution tomorrow. Frenzel...
CRFB Co-Chair Bill Frenzel to Host Online Chat
Committee for a Responsible Federal Budget co-chair Bill Frenzel will host an online chat conversation, tomorrow, run by the Brookings Institution...
US Budget Watch Releases Paper Comparing Health Care Reform Plans
Today, US Budget Watch released a new paper, Comparing Health Care Plans: A Guide to Health Care Reform Proposals, highlighting the ten-year costs and...
Moody's Still Cautionary on U.S. Debt
Fears over any near-term U.S. inflationary pressures may have eased for the moment. Moody’s recently reassured investors that it didn’t see any...
One More FDIC Bank Closing
On Friday evening, the FDIC reported that it has taken over an additional bank ( Georgian Bank) for a cost to the FDIC of around $892 million. This...
Finance Committee to Continue Work on Health Bill Next Week
This has been a big week in the Senate Finance Committee regarding work on the health care reform bill. The Committee endued many all-day sessions...
People Pay Taxes
The simple truism that tax professors try to teach, and politicians try to ignore, is that people pay taxes. All taxes are passed onto people in one...
More Pandering to Seniors
Yesterday, the House voted 406-18 to prevent an 8 percent increase in Medicare premiums for 11 millions seniors, many of whom are well-off. At a time...
Elmendorf Explains Dismal Fiscal Picture to Economists
UPDATE: Read Elmendorf's take on his talk . Today, several of us at the CRFB staff attended a National Economists Club lunch with Congressional Budget...
GAO Report Says AIG Bailout Repayment Remains Unclear
The Government Accountability Office (GAO) recently issued a report (congrats to Andrew Samwick for pointing this out) on the status of government...
The G-20 Summit and Beyond
As the G-20 Summit gets underway in Pittsburgh, what should we hope to hear from the G-20 leaders? That they are prepared to continue supporting...