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.
The IMF on Fiscal Adjustments
As we have been looking at a number of fiscal plans for the US recently, the IMF has a useful appendix in its most recent Fiscal Monitor on what has...
CBO Releases Full Analysis of President's Budget
The Congressional Budget Office has released its full analysis of President Obama's FY 2012 budget request. While the new report goes into greater...
Trouble Ahead? S&P Cuts US Ratings Outlook
Today, 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...
‘Line’ Items: Tax Day Edition
Happy Tax Day – Today is about the consequences of procrastination for the great many waiting until the last minute to file their federal income tax...
A Special 10/40
In 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...
Actually, Comprehensive Tax Reform Can Be Progressive
Congressman Ryan has come under attack, recently, for the tax reform framework in the House Republican budget proposal. CBPP calls it "huge tax...
Giving Taxpayers a Receipt
Just 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...
Rep. Cooper Withdraws Amendment, but Effort Was Not in Vain
Last night, Congressman Jim Cooper (D-TN) withdrew from consideration his substitute amendment to the FY 2012 budget resolution that will be voted on...
Rep. Cooper Offers Amendment Based on Fiscal Commission Plan
Unlike the haggling over spending for this year, which finally ended today with passage of legislation funding the federal government for the rest of...
Finally, We Have a Budget for This Year
The House and Senate today approved of legislation funding the federal government for the rest of the fiscal year, ratifying the agreement reached...
Rep. Van Hollen and the Congressional Black Caucus Unveil FY 2012 Budgets
Rep. Chris Van Hollen (D-MD), the ranking member of the House Budget Committee, has released his own budget proposal to counter that of Committee...
Senators Graham, Paul, and Lee Introduce Social Security Reform Legislation
Yesterday, Senators Lindsey Graham (R-SC), Rand Paul (R-KY), and Mike Lee (R-UT) introduced the Social Security Solvency and Sustainability Act –...