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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Thanks, Stan
In a blog post earlier this week, Stan Collender presented a laundry list of suggestions about how deficit hawks can be more effective. As a proud...
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What Happened to the President's Spending Cuts?
Yesterday, on the heels of President Obama signing a $1.1 trillion "minibus" CRFB released a paper on the importance of controlling discretionary...
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Our New Year's Wish: Political Will
Congress will leave town for the holidays without completing some serious fiscal business, but with a full agenda for next year. The House and Senate...
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Fiscal Commission Gains Momentum
The chance that some type of bipartisan commission will be created to address the nation’s long-term fiscal challenges increased significantly this...
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U.S. Debt: Not Bound by our Borders
With U.S. debt held by the public on track to exceed 100% of the economy in a little over a decade, policymakers must come together now and implement...
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Update on House Activities: Debt Ceiling, CR, and Defense Bill
The House has been extremely busy today, not only passing a $154 billion jobs bill but also passing a temporary continuing resolution, the defense...
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House Passes $154 Billion Jobs Package
This afternoon, the House passed a $154 billion economic aid package. Below we have listed the major spending areas within the bill: Spending...
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Penny and MacGuineas in the Press
Tim Penny, co-chair of the Peterson-Pew Commission on Budget Reform, was interviewed today for an hour on his home state public radio station. Saying...
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Note to Citi: Get Your Fiscal House In Order!
The IRS has agreed to give up billions in tax money in exchange for Citigroup’s repurchase of $20 billion of its assets held by TARP. In a notice...
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Deficit Commission Debated
Differing views on creating a deficit commission were aired at a Capitol Hill forum yesterday sponsored by the Cato Institute. The proposal, which is...
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Event Recap: Release of 'Red Ink Rising'
On December 14, the Peterson-Pew Commission on Budget Reform hosted a public event at the National Press Club to announce the release of its report...
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GM and Wells Fargo Jump on the Bandwagon
General Motors and Wells Fargo have both just announced that they intend to repay all of the $6.7 billion and $25 billion, respectively, in...