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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FDIC Deposit Fund Turns Negative
Yesterday, the FDIC reported that the deposit insurance fund fell below zero for the first time since the third quarter of 1992 (during the savings...
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Federal Officials Pressure ‘Pay Czar’ to Ease Pay Restrictions at AIG
Worry about the government’s investment in AIG has prompted some federal officials to call for easing the restrictions on pay at AIG for 2010, the...
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Interactive and Sharable Graphs Comparing the Health Care Bills
UPDATE: CHARTS AUTOMATICALLY UPDATE AS NEWER LEGISLATION IS PUT FORWARD. CURRENTLY, THEY REFLECT THE MANAGER'S AMENDMENT TO THE SENATE BILL. Today, US...
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Deficit and Debt Make Headlines
Public concern over the United States’ ballooning deficit and debt seems to be growing. Both the cover of this week’s Economist and the lead story on...
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Weekend Editorial Roundup
Here are the highlights from this weekend’s editorials on fiscal and budget policy: As politicians react to record high levels of unemployment, The...
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One More FDIC Bank Closing
On Friday evening, the FDIC reported that it has taken over an additional bank ( Commerce Bank of Southwest Florida) for a cost to the FDIC of around...
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China Worries About U.S. Debt -- SNL Style
Yesterday, Saturday Night Live's opening sketch featured Chinese President Hu Jintao (played by Bill Hader) in a joint press conference with President...
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Senate Votes to Begin Health Care Debate
Yesterday, the Senate voted 60-39 to begin debating their health care reform bill (all 60 votes were needed for debate to continue). CRFB has put...
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Reports Roundup
A number of very interesting and relevant government reports have come out this week. Check them out: GAO: Recovery Act: Recipient Reported Jobs Data...
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The True Costs of Health Reform
UPDATE: CBO has modified its cost estimate for the House bill to save $138 billion over ten years, instead of $109 billion. This change is due to the...
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Blue Dog Coalition Endorses SAFE Commission Act
The Democratic Blue Dog Coalition, a group comprised of fiscally conservative members of the House, officially endorsed the Securing America’s Future...
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Senate Introduces New Health Care Bill
UPDATE: CLICK HERE TO SEE OUR LATEST CHARTS AND GRAPHS COMPARING THE DECEMBER 19TH MANAGER'S AMENDMENT TO THE HOUSE BILL. Yesterday Majority Leader...