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.
CNN Money Exclusive: Tax Plan: Get Ready for a Big Debt Hangover
In her latest commentary on CNN Money, CRFB President Maya MacGuineas discusses the challenges ahead with the recent deal on tax cuts and how...
Quantifying the Cost of Waiting
The Congressional Budget Office made an unusual jump into the fiscal fray back in the summer, spelling out the specific harm that excessive long-term...
Tax Cut Compromise a Costly "Deal"
The Senate began debate late Thursday on the tax cut compromise hammered out by some lawmakers and President Obama. The debate began even as House...
MarketWatch: December 6 - December 10, 2010
Markets this week have been dominated by the White House announcement of a fiscal package deal with Republican Congressional leaders that would add...
So, How About That TARP?
Last week, we reported the good news from the Congressional Budget Office that the Troubled Asset Relief Program (TARP) would cost $25 billion...
Coburn's Call to Arms for Tackling the Deficit
Senator Tom Coburn (R-OK) had some pretty inspiring words on the floor of the Senate the other night. He spoke about that the challenges in front of...
Gene Steuerle: Encouraging Savings and Reducing the Debt
CRFB Board Member, Gene Steuerle, is co-author with Robert Friedman of a recent op-ed which discusses how to prioritize tax breaks to encourage...
House Passes Hybrid Spending Bill; Year-long Budget Disaster Nears Conclusion
Continuing its year-long lesson in "How Not To Budget," the House Wednesday passed legislation that would freeze overall Fiscal Year 2011...
Not Enough Thirst in Congress for Ad Hoc COLA
Today legislation to provide $250 payments to Social Security recipients in lieu of a cost-of-living adjustment (COLA) failed to garner enough votes...
CRFB Board Member James T. Lynn Dies
James T. Lynn, a member of the Committee for a Responsible Federal Budget board and former budget director in the Ford administration died Dec. 6 in...
Markets’ Initial Reactions to the New Fiscal Compromise
Financial markets have reacted to the new tax cut deal between the White House and Congressional leaders which would add some $800-900 billion to our...
Tax Cut Deal Revealed
It appears that President Obama and Republican lawmakers have reached a deal to extend the tax cuts enacted from 2001 to 2003. Part of the deal...