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.
Steny Hoyer on Everything Fiscal
In remarks at the think tank Third Way, House Majority Leader Steny Hoyer covered the bases in talking about our deficits and debt. Among the topics...
Exploring Federal Pay for Cuts
As our Budget Simulator grows in popularity, more and more people have taken the spending challenge to voice how they would like to see government...
UK Proposes Drastic New Federal Budget
Today, the British government released its latest proposed budget, one which will dramatically slash spending and significantly raise taxes. All...
What's An Emergency?
The statutory PAYGO law left a gaping hole for spending designated as an emergency. Since the designation has no formal definition, it can technically...
Peter's Leaving
The choice of who will replace Peter Orszag at OMB is a critical one. We were thrilled when President Obama chose Orszag, Summers, and Geithner, to be...
Weekend Editorial Roundup
Here are the highlights from this weekend’s editorials on fiscal and budget policy: The Denver Post argued against both a second stimulus and the...
Fiscal Consolidations: How and When
Alberto Alesina of Harvard University has a new paper out that talks about how differences in the composition of debt reduction packages make a...
‘Line’ Items: Summer Arrives Edition
Summertime, but the Living Isn’t Easy in Congress – Today brings the first official day of summer, but Washington has already been experiencing...
MARKETWATCH June 14-18
Yes, financial markets too are being affected by the World Cup. So far today, trading is quiet – even though today is one of the famous Triple...
OMB Keeps Chipping Away
We reported last week many times on efforts by the Obama Administration to save small chunks of change (see here, here, and here.) But they're not...
“Extenders” Bill Lives Up to Its Name
Legislation to extend tax breaks that expired last year, as well as expanded social safety net provisions and relief for doctors from a steep cut in...
France and Spain Begin to Tackle Deficit Woes
In the aftermath of the Greek financial crisis, leaders of European nations like France and Spain are taking steps to stabilize their economies and...