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.
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...
IRS Taxpayer Advocate to Congress: The Time for Tax Reform is Now
In its annual report to Congress Wednesday, the National Taxpayer Advocate stated unequivocally that "the most serious problem facing taxpayers - and...
Deficit Hawks Get Fiscy
TV stars have the Emmys, athletes have the ESPYs, now budget wonks have a major award to call their own. Wednesday night was a big night for the...
So, How Much Would Republicans Cut Spending?
In the Pledge to America released this past fall, House Republicans called for "[rolling] back government spending to pre-stimulus, prebailout levels...
House Set to Pass New Rules
Last night, the House Republican conference approved a new set of rules -- making some big changes to several budgetary rules currently in place. The...
Senator Coburn Joins the Announcement Effect Club
Over the holiday break, Senator Tom Coburn (R-OK) gave an interview on Fox News that qualified him to be the newest member of the Announcement Effect...
2011 the Year of the Rabbit? Let's Hope It's the Year of a Fiscal Plan
Happy New Year, and what a year we've had! In just the last 12 months, we've seen the passage of health care reform legislation that will begin to...
‘Line’ Items: New Year Edition
Happy New Year – Washington is gearing up for what will be an interesting 2011. President Obama is back to work on Tuesday from his vacation and the...
House Republicans Propose New Budget Rules
Incoming House Republicans set to take control of the House of Representatives next month have proposed new rules for the 112th Congress. The House...
State of the Union Preview -- A Holiday Gift?
With the holiday season in full force, the White House made some news in announcing on Twitter that the President will focus on the federal budget and...