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.
You Say You Want a Resolution
The Senate Budget Committee yesterday approved of a fiscal year 2011 budget proposal by a largely party line 12-10 vote, setting up a heated floor...
Webcast at 3pm: National Briefing on Our Budget and Economy
Be sure to join America Speaks this afternoon from 3 - 4:30 pm for a National Briefing on Our Budget and Economy. A panel of experts, including Maya...
Where the Treasury Stands with GM, Chrysler, and AIG
GM has been getting some prominent press coverage over the past few days, following their repayment of $4.7 billion to the Treasury on Tuesday. The...
Market Watch Update: April 19-23
As of mid-day Friday, April 23, the yield curve looked steeper for the week (that is, interest rates rose on Treasury instruments at the longer end of...
Chairman's Mark Reduces Deficit More Than President's Budget
Yesterday the Senate Budget Committee chairman Kent Conrad (D-ND) released some highlights of his FY2011 budget blueprint, or Chairman's Mark...
A Preventable Crisis: Exploring Fiscal Crisis Scenarios for the United States
In this policy paper released by CRFB's Fiscal Roadmap Project, CRFB argues that unless we change course, "a fiscal crisis in one form or another will...
Iceland Ash Blanket Settles Over World Economy
Airline traffic may not be the only thing slowed by Iceland’s volcanic eruptions. The slow-moving, fragile economic recovery may take a hit as well...
Senator Kent Conrad Joins the Announcement Effect Club
From the Chairman's Mark of the FY2011 Senate Budget Resolution (emphasis added): Certainly, the need to return to fiscal discipline and the costs of...
The Need for Reducing Sovereign Debt Risk, according to the IMF
With global recovery underway but still fragile, reducing government (sovereign) debt risk is important, so that global economic recovery can be...
IMF Says our Economies are Looking Better, but the Outlook is still Fragile
According to the IMF, we are entering a new phase of the economic and financial crisis: the world has averted a depression, a recovery is taking hold...
The All-Important Deficit Targets
Japan is considering legislation to impose deficit-targets, according to an article in The Wall Street Journal. With their debt nearing 200% of GDP...
Dealing With The Debt
In today's Financial Times, Roger Altman asked " whether the credit standing and currency stability of the world's biggest borrower, the US, will be...