Department of the Treasury
Latest
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Between the ‘Line’s: Limits, Meetings, Triggers, and Cloture
Read moreBumping Up on the Debt Ceiling – On Monday, Treasury Secretary Tim Geithner sent a letter to congressional leaders saying that his department this...
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‘Line’ Items: Brackets and Budgets Edition
Read moreBrackets – As many busy themselves today going over the brackets for the big tourney, picking the next Cinderella and who will win it all, the real...
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Good News, Taxpayers!
Read moreLast month, we reported the positive developments that were happening with the major players--GM, Citigroup, and AIG--still left in the Troubled Asset...
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Fed Pays Record $78.4B to Treasury from Interest on Risky Assets
Read moreYesterday the Federal Reserve announced it would be paying a record $78.4 billion to the U.S. Treasury for 2010. It accumulated this large sum from...
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Wall Street Banks Cut Holdings of U.S. Debt
Read moreWall Street banks have been drastically cutting their holdings of U.S. Treasuries, according to Bloomberg News. According to most analysts, this is a...
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2010 Financial Report of the U.S. Government
Read moreThe Treasury Department released Tuesday its annual Financial Report of the U.S Government. The report highlights the nation's budget deficit, net...
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So, How About That TARP?
Read moreLast week, we reported the good news from the Congressional Budget Office that the Troubled Asset Relief Program (TARP) would cost $25 billion...
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CBO Unveils New TARP Estimate
Read moreCBO has issued new numbers for the total costs of the Troubled Asset Relief Program (TARP). CBO now estimates that TARP will cost $25 billion over the...
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Geithner Supports U.S. Medium-Term Fiscal Targets at the G-20
Read moreWe at CRFB applaud Treasury Secretary Tim Geithner’s support of medium-term fiscal targets, in the run-up to this weekend’s meeting of G-20 finance...
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The FY 2010 Deficit
Read moreTreasury and OMB released the final deficit number for FY 2010 on Friday: $1.294 trillion. While $120 billion lower than last year's deficit, it still...
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‘Line’ Items: BCS Edition
Read moreLoads of BCS – The first edition of this season’s rankings from the much-maligned BCS is now out. The system uses computer algorithms and polls to...
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A Not So Happy Anniversary
Read moreNobody's breaking out the champagne for this anniversary. On this day two years ago, the collapse of Lehman Brothers turned an already bad-looking...