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.
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‘Line’ Items: Getting Out of Town Edition
Heavy Congressional Workload Before Break – Congress has a busy week ahead before it leaves town for next week’s Memorial Day recess. Lawmakers want...
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Market Watch: More Spillover from Greece
Throughout the week, U.S. financial markets continued to be dominated by a global market “flight to quality” in response to perceived EU policy...
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Alan Blinder Joins the Announcement Effect Club, Calls for Social Security Reform
Princeton's Alan Blinder says the bond market vigilantes are back; in Europe for now, but they'll be coming here soon. The bond vigilantes, for those...
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First YouCut Winner Would Save $2.5 billion
Last week we wrote about the introduction of YouCut, a project designed to allow people to vote on spending cuts they would like to see Congress enact...
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Glad You Like Stabilize the Debt! Help Us Make it Better
We are so pleased our Stabilize the Debt! simulator has been met with such a positive response. Thanks for all your emails and thanks Derek, thanks...
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The Thrill of Victory…the Agony of Deficits
Congress may be dropping the budget ball, but CRFB doesn’t intend to – literally. We will be participating in the 2nd Annual Budgetball on the Mall...
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Defense Spending No Longer Exempt from Scrutiny
There's been a lot of discussion over the past few weeks about spending in the Defense Department, following speeches made by Secretary Robert Gates...
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As Congress Sidesteps The Budget, You Can Step In
CRFB encourages you to check out our budget simulator: Stabilize the Debt! It's no secret that America's finances are a mess. The problem of our...
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Britain's Spending Cuts
With a new government in place, the UK is moving fast to trim their budget deficit. Treasury head George Osborne is expected to announce £6 billion in...
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Papa's Got A Brand New Bill
Over the past few weeks, passage of an "extenders" bill has become the top priority of Congress. The bill, HR 4213, finally seems to have a definitive...
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‘Line’ Items: Deeming, Dreaming, Votes and Quotes
Little Resolve for Budget Resolution – Leaders in the House have yet to make a final decision on moving forward with a FY2011 budget resolution. But...
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Fiscal Goals Are Good, Plans Are Better
Robert Samuelson has a blunt message for the American public in today's Washington Post: WAKE UP! In his op-ed Samuelson pans the lack of urgency by...