Latest
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CBO Releases Full Analysis of President's Budget
Read moreThe Congressional Budget Office has released its full analysis of President Obama's FY 2012 budget request. While the new report goes into greater...
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A Special 10/40
Read moreIn the spirit of Tax Day today the Bottom Line presents its own special “10/40” (don’t worry; we aren’t filing this with the IRS). Just saying the...
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Trouble Ahead? S&P Cuts US Ratings Outlook
Read moreToday, the S&P has cut the US ratings outlook from stable to negative, while maintaining our triple-A rating. While this does not represent a direct...
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‘Line’ Items: Tax Day Edition
Read moreHappy Tax Day – Today is about the consequences of procrastination for the great many waiting until the last minute to file their federal income tax...
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Actually, Comprehensive Tax Reform Can Be Progressive
Read moreCongressman Ryan has come under attack, recently, for the tax reform framework in the House Republican budget proposal. CBPP calls it "huge tax...
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Giving Taxpayers a Receipt
Read moreJust in time for Tax Day on Monday, the White House website has launched a taxpayer receipt. By entering what one has paid in federal taxes, the new...
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Rep. Cooper Withdraws Amendment, but Effort Was Not in Vain
Read moreLast night, Congressman Jim Cooper (D-TN) withdrew from consideration his substitute amendment to the FY 2012 budget resolution that will be voted on...
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Finally, We Have a Budget for This Year
Read moreThe House and Senate today approved of legislation funding the federal government for the rest of the fiscal year, ratifying the agreement reached...
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Rep. Van Hollen and the Congressional Black Caucus Unveil FY 2012 Budgets
Read moreRep. Chris Van Hollen (D-MD), the ranking member of the House Budget Committee, has released his own budget proposal to counter that of Committee...
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Congressional Progressive Caucus Releases Their Budget
Read moreToday, the Congressional Progressive Caucus (CPC), a liberal group of Democrats in the House, released its own FY 2012 budget, "The People's Budget,"...