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.
57 Members of Congress Support Defense Cuts
Yesterday, 57 members of Congress sent a letter to the President’s Fiscal Commission advising the commission to put the defense budget under the...
Esquire Commission Stabilizes the Debt!
They Did It! Kudos to the Esquire Budget Commission for releasing a budget plan this morning! Former Senators Gary Hart, Bill Bradley, Bob Packwood...
Congratulations to Peter Diamond!
All of us here at CRFB would like to congratulate Peter Diamond, an MIT economist, on winning the Nobel Prize for Economics this year. Diamond, along...
CNN Exclusive: Dear Congress: Don't blow it on Bush tax cuts
CRFB President Maya MacGuineas offers some options for handling the expiring tax cuts.
Local Pensions: A Crisis
We spend much of our time discussing and pointing out the precarious state of our federal budget. But the federal budget isn't the only area of public...
Fiscal Reform: U.K. Style
Our friend across the pond, the United Kingdom, is dealing with its own fiscal challenges. Currently, their debt-GDP ratio stands at over 71 percent...
‘Line’ Items: Columbus Day Edition
Day of “Discovery” – Today we celebrate the man who quasi-discovered the Americas with a quasi-holiday that not everyone gets off (including the Line)...
A Thousand Cuts: The Tax Version
The Center for American Progress recently released " A Thousand Cuts," which detailed what spending cuts could be adopted to achieve primary budget...
CBO Says 2010 Deficit Slightly under $1.3 Trillion
CBO, in its most recent Monthly Budget Review, estimated that the FY 2010 budget deficit (the fiscal year that ended at the end of September) was just...
MARKETWATCH: October 4-8
There’s a chill in the air – and not just from the weather. Today’s weak job market news for September (the tough employment situation appears to be...
Wyden Calls for Tax Reform Before Tax Cut Debate
The Hill reports that Senator Ron Wyden (D-OR) urged fellow lawmakers this week at a tax policy conference to focus on fundamental tax reform instead...
The World Debt Clock
The Economist has something pretty interesting up on its website: a global debt clock. The clock measures global debt held by the public (different...