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: California
While we are keenly aware that the "F" in CRFB stands for "Federal", it is difficult to ignore the budget plight of the states. According to the...
PAYGO Annual Report Shows Glaring Exemptions
OMB recently released an annual report on PAYGO, showing the budgetary impacts of PAYGO legislation, current policy exemptions, and exemptions for...
‘Line’ Items: Dreams and Schemes Edition
Can Dreams of Cooperation be Fulfilled? – Yesterday the nation celebrated the legacy of Dr. Martin Luther King, Jr. His vision of unity and...
CNN Money Exclusive: National debt: The ugly facts
In her latest commentary on CNN Money, CRFB President Maya MacGuineas discusses the ugly facts about our national debt. If Congress and the president...
Christina Romer Gives Recommendations for State of the Union
Dr. Christina Romer is calling for President Obama to use his January 25th State of the Union address as a means to outline a credible plan to lower...
The Case for Defense Cuts
With much of Washington talking about how to address our fiscal situation, more specific budget areas are coming into focus. One area that some are...
Bruce Reed Named as Biden's Chief of Staff
Today, Vice President Joe Biden announced that Bruce Reed will be his next chief of staff. Bruce served as Executive Director of the President's...
Taxpayers for Common Sense Proposes Budget Cuts
The independent, non-partisan policy group Taxpayers for Common Sense (TCS) released their recommendations for how to reduce the deficit. They...
Eichengreen Warns U.S. over Budget Mismanagement
Economist Barry Eichengreen warned the U.S. over at VoxEU about the consequences of "economic mismanagement"--essentially, not taking steps to address...
Rep. Brady Introduces CUTS Act of 2011
Congressman Kevin Brady (R-TX) has introduced legislation called the Cut Unsustainable and Top-Heavy Spending (CUTS) Act of 2011. It includes numerous...
FI$CYs Generate Some Discussion...
As a member of the awards committee for the Fiscys, we have been taking some hits (see Krugman here, Ezra Klein here, and Grep Ip here) for presenting...
David Walker: Congress Needs to Get Serious About Fixing Finances
In a recent Roll Call Op-Ed, CRFB Board Member David Walker urges lawmakers to make bold fiscal policy steps to reduce the deficit. Walker challenges...