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.
Safety Net and Tax Extender Proposals Are Still Not Paid For
CBO and JCT have released updated cost estimates of the most recent version of the American Jobs and Closing Tax Loopholes Act (H.R. 4213), a bill...
‘Line’ Items: Getting Out of Town Edition
Heavy Congressional Workload Before Break – Congress has a busy week ahead before it leaves town for next week’s Memorial Day recess. Lawmakers want...
Market Watch: More Spillover from Greece
Throughout the week, U.S. financial markets continued to be dominated by a global market “flight to quality” in response to perceived EU policy...
Alan Blinder Joins the Announcement Effect Club, Calls for Social Security Reform
Princeton's Alan Blinder says the bond market vigilantes are back; in Europe for now, but they'll be coming here soon. The bond vigilantes, for those...
First YouCut Winner Would Save $2.5 billion
Last week we wrote about the introduction of YouCut, a project designed to allow people to vote on spending cuts they would like to see Congress enact...
Glad You Like Stabilize the Debt! Help Us Make it Better
We are so pleased our Stabilize the Debt! simulator has been met with such a positive response. Thanks for all your emails and thanks Derek, thanks...
The Thrill of Victory…the Agony of Deficits
Congress may be dropping the budget ball, but CRFB doesn’t intend to – literally. We will be participating in the 2nd Annual Budgetball on the Mall...
Defense Spending No Longer Exempt from Scrutiny
There's been a lot of discussion over the past few weeks about spending in the Defense Department, following speeches made by Secretary Robert Gates...
As Congress Sidesteps The Budget, You Can Step In
CRFB encourages you to check out our budget simulator: Stabilize the Debt! It's no secret that America's finances are a mess. The problem of our...
Britain's Spending Cuts
With a new government in place, the UK is moving fast to trim their budget deficit. Treasury head George Osborne is expected to announce £6 billion in...
Papa's Got A Brand New Bill
Over the past few weeks, passage of an "extenders" bill has become the top priority of Congress. The bill, HR 4213, finally seems to have a definitive...
‘Line’ Items: Deeming, Dreaming, Votes and Quotes
Little Resolve for Budget Resolution – Leaders in the House have yet to make a final decision on moving forward with a FY2011 budget resolution. But...