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.
Wartime Contracting Commission Finds Significant Waste in War Spending
The Commission on Wartime Contracting in Iraq and Afghanistan, created by Congress in 2008, has issued its final report, showing that there has been...
Let's Pay for Disaster Funding, but Also Budget For It
The destruction and devastation caused by Hurricane Irene is of serious concern, and addressing it will come at a real cost. Yet even while both...
Huntsman to Propose Revenue-Neutral Tax Reform
It's no secret that taxes will be a central element in national politics over the next fourteen months leading up to the Presidential election. With...
Mark Prater Appointed Staff Director of Super Committee
In a joint press release this morning, Super Committee co-chairs Sen. Patty Murray (D-WA) and Rep. Jeb Hensarling (R-TX) announced that Mark Prater...
‘Line’ Items: Mother Nature Edition
Quakes and ‘Canes – Washington and much of the East Coast were rattled by natural phenomena last week, with a 5.9-magnitude earthquake on Tuesday and...
Meanwhile, Away From Washington
With so much going on in United States’ fiscal policy, it can be difficult to focus on much more than what is happening in Washington -- at least we...
Warner Wants the Committee to Go Above and Beyond
In a Bloomberg article, Sen. Mark Warner (D-VA) called for the Joint Committee set up by the recent debt deal to exceed its $1.5 trillion target for...
Federal Reserve Chairmen Ben Bernanke at Jackson Hole Comments on Fiscal Policy
Earlier today, the chairmen of the Federal Reserve, Ben Bernanke gave a speech at Jackson Hole, Wyoming where he commented on the current state of our...
Mitt Romney CLOCKS the Debt
An interesting article in today's Washington Post caught the eye of some of us here at the CRFB office this morning. GOP presidential candidate Mitt...
CBO's Newest Economic Projections
In CBO's latest Budget and Economic Outlook, CBO includes revised projections of various economic indicators as part of its update. Since there is...
CBO's Projections Make the Case for Comprehensive Fiscal Plan
Although CBO shows debt improving significantly over the coming decade, reaching 61 percent of GDP in 2021, debt will not follow this downward path...
CRFB's Updated (Again!) Realistic Baseline
With CBO having released their newest Budget and Economic Outlook, CRFB has updated its Realistic Baseline for the second time in a month to reflect...