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.
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...
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...
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...
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...
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...
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...
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...
Updated Health Care Charts
UPDATE: SEE THE MARCH UPDATE HERE. CRFB has updated its health care chart, detailing the ten-year costs and savings from the most recent legislation...
Taxing Health Care Decisions
Information about the Senate health care bill is trickling in -- word is that coverage provisions will cost $849 billion over ten years and the bill...
Senate Health Care Bill to Cost $849 Billion
Breaking news: Senate Majority Leader Harry Reid is finally in the midst of unveiling the health care reform plan that will be brought to the Senate...
Will TARP be Renewed?
UPDATE: Treasury Secretary Geithner testified on Nov. 19 before the Joint Economic Committee, stating that "we are winding [TARP] down and will close...
$98 Billion Wasted
Government agencies misspent over $98 billion last year, $26 billion more than was wasted the previous year, the Associated Press reports. The White...