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.
And the Winner Is...
Earlier this year the White House created a contest for federal employees that was focused on producing real ideas that would yield monetary savings...
Peterson-Pew in the Press
The Peterson-Pew Commission’s “Red Ink Rising” plan for American lawmakers has earned some black ink worldwide too since its release, not to mention...
Another Issue with Using TARP Funds for Other Purposes
According to a Donald Marron, reallocating TARP funds to use for other purposes (such as a jobs bill) may violate the letter of the law (and certinaly...
Release of 'Red Ink Rising'
Warning that the out-of-control federal debt places the economic future of our nation at risk, the Peterson-Pew Commission on Budget Reform this...
Citi to Repay $20 Billion in TARP Funds
Today, Citigroup announced that it will repay $20 billion in TARP funds. Since last fall, the government has provided $45 billion in capital for Citi...
Three More FDIC Closings
On Friday evening, the FDIC reported that it has taken over an additional three banks ( Solutions Bank, Valley Capital Bank, Republic Federal Bank)...
Washington Post Warns of Coming Debt Panic
The Washington Post, this morning, warned that it is "time to start panicking" about the long-term debt, and that bipartisan action would be needed to...
House Passes $447 Billion 'Minibus' Bill
The House passed a bill yesterday containing six of the appropriations bills still lingering in Congress, at a total cost of $447 billion. On Monday...
Troubled Asset Relief Program: Year-End Review
On December 9, Secretary Geithner requested that TARP be renewed through October 3, 2010. Having spent a net of $386 billion, the $700 billion program...
CRFB's MacGuineas Calls for Budget Reform
Committee for a Responsible Federal Budget president Maya MacGuineas has an op-ed in The Hill online today. Citing the end-of-the-year dance...
Fiscal Recovery Plan in the FY 2011 Budget?
There's an intriguing passage in the White House press release on President Obama's stimulus speech at Brookings yesterday: " An overall approach to...
Bipartisan Budget Commission Proposed
Senate Budget Committee chairman Kent Conrad (D-ND) and ranking Republican Judd Gregg (R-NH) today introduced legislation to create an 18 member...