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.
Dealing with Debt
There’s a reason India Times just picked up David Lightman’s story “Rising debt threatens to derail Congress on just about everything.” The world...
TARP: Offset or Gimmick?
In his speech today, President Obama proposed reducing the amount of money available in the TARP fund to pay for the new stimulus measure. When TARP...
In Support of Cost Control
This morning, eleven freshman Senators introduced a series of health care reform amendments which they call the Value and Innovation Package (thanks...
The Grassroots Talk Fiscal Stewardship
Citizens from across the country had a message yesterday for lawmakers: we are working together to solve our fiscal challenges, why can’t you? At a...
Fed Exit Strategy: Reverse Repos
How and when the Fed will unwind the massive amounts of liquidity it has provided to shore up the financial system and economy? Will the Fed be able...
Obama Puts Forth Jobs Plan
Today, in a speech at the Brookings Institution, President Obama outlined a strategy designed to accelerate job growth. In particular, he outlined...
Vote on the Best Way to SAVE Money
Earlier this year, the Administration launched a contest to let federal employees submit ideas to save the government money (at the time, we called...
Six More FDIC Bank Closings
On Friday evening, the FDIC reported that it has taken over an additional six banks ( Greater Atlantic Bank, Benchmark Bank, AmTrust Bank, The...
Weekend Editorial Roundup
Here are the highlights from this weekend’s editorials on fiscal and budget policy: The New York Times applauded a CBO estimate that under the health...
Time for Tax Reform
Today, the President's Economic Recovery Advisory Board (PERAB) was scheduled to release its recommendations on reforming the tax code. Although they...
November Unemployment Report
According to today's Bureau of Labor Statistics report, the unemployment rate eased back to the 10 percent politically sensitive threshold in November...
ECB Calls for Fiscal Consolidation Strategies
A few hours before similar remarks were made by Fed Chairman Bernanke (see previous blog), his European counterpart, European Central Bank (ECB) head...