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.
2010 SAVE Award Goes to Trudy Givens
CRFB would like to congratulate Trudy Givens of Portage, Wisconsin - the 2010 SAVE Award winner! The SAVE Awards are given annually to a federal...
‘Line’ Items: Super Bowl Edition
Game On – The Super Bowl in Texas won’t be until Sunday, but Washington had its own big game last week as President Obama gave his State of the Union...
CBO Projects Social Security to Be Forever in the Red
In yesterday's Budget and Economic Outlook, CBO shows that Social Security will run deficits each year over the coming decade, depleting $547 billion...
Spotlight on the States: Illinois
Continuing our "Spotlight on the States" series, which takes a look at state-level fiscal issues around the country, the Bottom Line turns to the...
Japan's Credit Rating Cut by Standard & Poor's
In what is sure to be a wake-up call for the Japanese government, Standard & Poor’s cut Japan’s credit rating today for the first time in nine years...
Sen. Conrad Calls for Immediate Action on Long-Term Fiscal Plan
Senator Kent Conrad (D-ND), chairman of the Senate Budget Committee, is calling for swift and decisive action to address our worsening fiscal problems...
Sen. Rand Paul Proposes $500B in Annual Spending Cuts
Senator Rand Paul (R-KY) released his plan for cutting federal spending earlier this week in the latest in a wave of Republican spending cut proposals...
CBO Releases January 2011 Ten-Year Outlook
CBO today released its new budget and economic update, showing higher ten-year deficit and debt projections from 2012 to 2021 than they predicted back...
Doug Elmendorf Reappointed as Director of Congressional Budget Office
Congressional leaders have agreed to reappoint Doug Elmendorf as the director of the Congressional Budget Office. Mr. Elmendorf, who has been the...
House Passes Third Weekly Spending Reduction Bill
Today, the House voted to end public financing of political party conventions and presidential campaigns by a vote of 239-160. This is part of a...
State of the Union Recap
Last night in his State of the Union address, President Obama hailed a new era of bipartisan cooperation, focusing on America's competitiveness to...
Rep. Bachmann Proposes Spending Cuts
Rep. Michele Bachmann (R-MN) has released her proposal to reign in federal spending, amounting to over $425 billion in cuts annually. Shortly after...