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.
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...
The Center for American Progress Gets Specific
Today, the Center for American Progress released a plan to get specific on our growing deficits and debt. Or, rather, they've released five...
‘Line’ Items: What Now? Edition
Commission Can’t Quite Commit – The President’s Fiscal Commission was able to produce a fiscal plan last week that garnered a bipartisan majority of...
CNN Money Exclusive: A debt fix to believe in
In her latest commentary on CNN Money, CRFB President Maya MacGuineas celebrates the bipartisan, super-majority vote of the Fiscal Commission and...
Steven Pearlstein Joins the Announcement Effect Club
After the addition of the Fiscal Commission to the Announcement Effect Club last week, Steven Pearlstein of the Washington Post kept the membership...
Setting the Record Straight on Spending Cuts and Taxes in the Fiscal Commission Plan
In a Heritage Foundation analysis of the President's Fiscal Commission's final plan, Brian Riedl argues that the recommendations have "too much taxes...
Appropriations Update: Will We Get a Spending Plan for Christmas?
Once again, Congress earlier this week had to pass a short-term stop-gap spending measure to keep the lights on. The House and Senate passed a...
MARKETWATCH: November 29-December 3, 2010
What a week it’s been. Just look at the ups and downs of the yield on the benchmark 10-year Treasury note. The week started with the safe haven play...
Fiscal Commission Votes This Morning
Update: 11 out of the commission's 18 members voted to approve of the final proposal. See our release here. The report is titled “ The Moment of Truth...
Fiscal Commission Receives a Majority of Votes!
Senator Richard Durbin (D-IL) has just voted for the Fiscal Commission's final plan. In an op-ed in the Chicago Tribune explaining why he is choosing...