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.
Senate To Pass Unemployment Benefits Extension
The Senate essentially voted to pass an extension of unemployment benefits yesterday, invoking cloture on the measure with the requisite sixty votes...
Should We Pay for Tax Cuts?
The blogosphere exploded last week (see here and here) when a number of Republicans suggested that Congress need not offset the costs of tax cuts...
Waiting for the Chairman to Speak
Ben Bernanke, the Chairman of the Federal Reserve, will present his twice-yearly testimony to Congress tomorrow (the Senate) and then again on...
REDUCE Legislation Aims to Cut Deficit by $70 Billion
Today, four Democratic congressmen—Reps. Gary Peters, John Adler, Jim Himes, and Peter Welch—introduced four-pronged legislation, called the REDUCE...
It's Summerstime in the Fiscal Policy World
Larry Summers, the Administration's top economist (and former CRFB board member), has an op-ed in the Financial Times today, looking at why the...
‘Line’ Items: International Sports Edition
Opens and Tours – Americans did not fare well in sporting events across the pond this weekend; leaving us Yanks to rely on past memories of success at...
Steuerle Joins the Announcement Effect Club
CRFB board member Eugene Steuerle joined the Announcement Effect Club in a post on the Urban Institute's website. In the post, he talked about the...
MarketWatch: July 12-16
The (brief) stock market rally had dominated trading in the earlier part of the week. However, investor interest in U.S. government bonds picked up...
Forget OMB--The Onion Has Ways to Improve Efficiency
Despite OMB's best efforts to trim waste from the government, The Onion believes it is inevitable that billions and billions of dollars will be wasted...
Budget Reform Bill Introduced
Congressman Mike Quigley (D-IL) today introduced important legislation to create a more transparent budget regime towards putting the country on a...
Measuring the Effects of ARRA
According to the Council of Economic Advisors’ (CEA) quarterly report on the continuing effects of the American Recovery and Reinvestment Act (ARRA)...
Greenspan In Favor of Ending Bush Tax Cuts
Today, former Federal Reserve Chairman Alan Greenspan said in an interview that all of the 2001 Bush tax cuts, which he had previously supported...