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.
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57 Members of Congress Support Defense Cuts
Yesterday, 57 members of Congress sent a letter to the President’s Fiscal Commission advising the commission to put the defense budget under the...
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Esquire Commission Stabilizes the Debt!
They Did It! Kudos to the Esquire Budget Commission for releasing a budget plan this morning! Former Senators Gary Hart, Bill Bradley, Bob Packwood...
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Congratulations to Peter Diamond!
All of us here at CRFB would like to congratulate Peter Diamond, an MIT economist, on winning the Nobel Prize for Economics this year. Diamond, along...
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CNN Exclusive: Dear Congress: Don't blow it on Bush tax cuts
CRFB President Maya MacGuineas offers some options for handling the expiring tax cuts.
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Local Pensions: A Crisis
We spend much of our time discussing and pointing out the precarious state of our federal budget. But the federal budget isn't the only area of public...
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Fiscal Reform: U.K. Style
Our friend across the pond, the United Kingdom, is dealing with its own fiscal challenges. Currently, their debt-GDP ratio stands at over 71 percent...
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‘Line’ Items: Columbus Day Edition
Day of “Discovery” – Today we celebrate the man who quasi-discovered the Americas with a quasi-holiday that not everyone gets off (including the Line)...
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A Thousand Cuts: The Tax Version
The Center for American Progress recently released " A Thousand Cuts," which detailed what spending cuts could be adopted to achieve primary budget...
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CBO Says 2010 Deficit Slightly under $1.3 Trillion
CBO, in its most recent Monthly Budget Review, estimated that the FY 2010 budget deficit (the fiscal year that ended at the end of September) was just...
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MARKETWATCH: October 4-8
There’s a chill in the air – and not just from the weather. Today’s weak job market news for September (the tough employment situation appears to be...
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Wyden Calls for Tax Reform Before Tax Cut Debate
The Hill reports that Senator Ron Wyden (D-OR) urged fellow lawmakers this week at a tax policy conference to focus on fundamental tax reform instead...
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The World Debt Clock
The Economist has something pretty interesting up on its website: a global debt clock. The clock measures global debt held by the public (different...