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.
Britain's Spending Cuts
With a new government in place, the UK is moving fast to trim their budget deficit. Treasury head George Osborne is expected to announce £6 billion in...
Papa's Got A Brand New Bill
Over the past few weeks, passage of an "extenders" bill has become the top priority of Congress. The bill, HR 4213, finally seems to have a definitive...
‘Line’ Items: Deeming, Dreaming, Votes and Quotes
Little Resolve for Budget Resolution – Leaders in the House have yet to make a final decision on moving forward with a FY2011 budget resolution. But...
Fiscal Goals Are Good, Plans Are Better
Robert Samuelson has a blunt message for the American public in today's Washington Post: WAKE UP! In his op-ed Samuelson pans the lack of urgency by...
Weekend Editorial Roundup
Here are the highlights from this weekend’s editorials on fiscal and budget policy: The Chicago Tribune noted that for all the attention paid to bank...
MARKETWATCH THIS WEEK Is It Good to Be A Safe Haven?
U.S. markets continued to be dominated this week by the continuing roller coaster ride from the Greek (and eurozone) debt crisis. More positive U.S...
Bills Bills Bills: Extenders and Supplementals
Next week, House Democrats intend to introduce a package of aid to states, extended unemployement benefits, and tax break extensions. This "must-pass"...
Lessons from Portugal: A Way Forward from our Fiscal Impasse for U.S. Political Leaders
Inspiration can come from the most surprising places. Take Portugal, for instance. (Granted, there are major differences between the U.S. and...
Congressman Eric Cantor Introduces YouCut
Yesterday, House Minority Whip Eric Cantor (R-VA) launched a new project - YouCut. YouCut allows people to vote online or from their cell phones on...
Pearlstein Comes Out with His Own Fiscal Plan
Today in the Washington Post, Steven Pearlstein took the " Deficit Challenge", proposing his own plan on how to reduce future deficits through a...
Fed Restarts Foreign Currency Swaps
In a release late Sunday night, the Fed announced that it has agreed with other major central banks to reopen foreign currency swap lines in order to...
‘Line’ Items: Greek Tragedy Edition
From Sophisticated to Sophocles – The untangling of the complex web of financial manipulation and deceit arising from the “hidden debts” controversy...