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.
Spotlight on the States: Illinois
Continuing our "Spotlight on the States" series, which takes a look at state-level fiscal issues around the country, the Bottom Line turns to the...
Japan's Credit Rating Cut by Standard & Poor's
In what is sure to be a wake-up call for the Japanese government, Standard & Poor’s cut Japan’s credit rating today for the first time in nine years...
Sen. Conrad Calls for Immediate Action on Long-Term Fiscal Plan
Senator Kent Conrad (D-ND), chairman of the Senate Budget Committee, is calling for swift and decisive action to address our worsening fiscal problems...
Sen. Rand Paul Proposes $500B in Annual Spending Cuts
Senator Rand Paul (R-KY) released his plan for cutting federal spending earlier this week in the latest in a wave of Republican spending cut proposals...
CBO Releases January 2011 Ten-Year Outlook
CBO today released its new budget and economic update, showing higher ten-year deficit and debt projections from 2012 to 2021 than they predicted back...
Doug Elmendorf Reappointed as Director of Congressional Budget Office
Congressional leaders have agreed to reappoint Doug Elmendorf as the director of the Congressional Budget Office. Mr. Elmendorf, who has been the...
House Passes Third Weekly Spending Reduction Bill
Today, the House voted to end public financing of political party conventions and presidential campaigns by a vote of 239-160. This is part of a...
State of the Union Recap
Last night in his State of the Union address, President Obama hailed a new era of bipartisan cooperation, focusing on America's competitiveness to...
Rep. Bachmann Proposes Spending Cuts
Rep. Michele Bachmann (R-MN) has released her proposal to reign in federal spending, amounting to over $425 billion in cuts annually. Shortly after...
CRFB To Live Tweet State of the Union Address
Beginning at 9pm, President Obama will address the nation in second annual State of the Union address to Congress and the American public. CRFB will...
State of the Union Bingo!
UPDATE: Debt-O terms that were not used in tonight's State of the Union address - Tax Reform, Entitlements, Tax Expenditure, Fiscal Plan, Revenue...
IMF to the United States: Adopt a Credible Fiscal Plan for the Medium-Run
The International Monetary Fund (IMF) released its World Economic Outlook update today, on the eve of two big moments for U.S. fiscal policy - the...