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.
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...
Wall Street Banks Cut Holdings of U.S. Debt
Wall Street banks have been drastically cutting their holdings of U.S. Treasuries, according to Bloomberg News. According to most analysts, this is a...
Fed Pays Record $78.4B to Treasury from Interest on Risky Assets
Yesterday the Federal Reserve announced it would be paying a record $78.4 billion to the U.S. Treasury for 2010. It accumulated this large sum from...
‘Line’ Items: January 10, 2011
Shooting Puts Legislative Business on Hold – The shooting of Congresswoman Gabrielle Giffords and 19 others in Tucson, Arizona has resulted in House...
MY VIEW: Gene Steuerle January 2011
What do you pay in Medicare taxes? And what Medicare benefits can you expect? This issue—potent now that the first baby boomers are turning 65—was...
CNN Money Exclusive: Why GOP Agenda Could Make Debt Worse
In her latest commentary on CNN Money, CRFB President Maya MacGuineas says that despite the rhetoric on reducing the deficit, some of the high-profile...
Goolsbee Hints at Fiscal Focus in President's Budget
On Friday, Austan Goolsbee, the Chairman of the President's Council of Economic Advisors, gave some preliminary remarks on the Administration's...
On Health Reform Repeal
There has been an increasing amount of talk this week concerning calls for repeal of the health care reform legislation, as the 112th Congress...
Gene Sperling Named Director of National Economic Council
Today, President Obama named Gene Sterling as the new director of the National Economic Council. Mr. Sperling, who will succeed outgoing director...
Bernanke Talks Debt before Senate Budget Committee
The Senate Budget Committee heard testimony today from Ben Bernanke, chairman of the Federal Reserve. Opening remarks were made by committee chairman...
Gates Outlines $178 Billion in Savings and Efficiencies over Five Years
Defense Secretary Robert Gates announced today the specifics for how the Defense Department will reduce spending by $178 over the next five years...
House Takes Early Steps on Deficit Reduction
The 112th Congress has moved quickly to signal a new focus on fiscal responsibility and attention to our ballooning national debt. As Congress...