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.
One-Month T-Bill Shows Market Skittishness
As we continue to approach the October 17 deadline when the Treasury Department estimates that extraordinary measures will be exhausted, leaving...
Government Shutdown Limits Budget Data, Too
Last week, we noted that the furlough of "non-essential" employees at the Congressional Budget Office due to the government shutdown could halt the...
George Voinovich: Congress Shouldn't Get Paid After Letting Down the Country With Latest Shutdown
In an op-ed in the Cleveland Plain Dealer yesterday, former Senator George Voinovich (R-OH) criticized the current Congress not just for the ongoing...
MY VIEW: Tim Penny October 2013
On Day 7 of the government shutdown, it is not surprising that we are talking about a "leadership deficit" as much as the federal deficit. While there...
Super Committee Savings Target Was 150% of Sequestration
Previously, we've voiced a number of concerns about sequestration, including that it is too abrupt, too mindless, too focused on the discretionary...
The CR and the Medical Device Tax (Take Two)
As Congress negotiates a proposal to pass a continuing resolution and reopen the government, they may enact other policy at the same time. One such...
The Tax Break-Down: American Opportunity Tax Credit
This is the tenth post in our blog series, The Tax Break-Down, which will analyze and review tax breaks under discussion as part of tax reform. Last...
On Income Tax's 100th Birthday, Time for Another Look
Today marks the centennial anniversary of the federal income tax, signed into law on October 3, 1913 by President Woodrow Wilson. Though this date...
Government Shutdown Limits Budget Options (Literally!)
The government is still shut down, the debt ceiling is fast approaching, and the need to put our debt on a sustainble path remains. This environment...
The Economic Cost of the Shutdown
As we enter day 2 of the government shutdown, Americans across the country are already feeling the impact. With federal government offices and...
Debt Ceiling Watch 2013
In order to avoid bumping up against the statutory debt ceiling, the Department of the Treasury has begun undertaking a number of so-called...
Q&A: Everything You Should Know About the Debt Ceiling
While it is incredibly disappointing that elected officials in Washington failed to avoid a government shutdown, attention is quickly turning towards...