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.
What Happened to the President's Spending Cuts?
Yesterday, on the heels of President Obama signing a $1.1 trillion "minibus" CRFB released a paper on the importance of controlling discretionary...
Our New Year's Wish: Political Will
Congress will leave town for the holidays without completing some serious fiscal business, but with a full agenda for next year. The House and Senate...
Fiscal Commission Gains Momentum
The chance that some type of bipartisan commission will be created to address the nation’s long-term fiscal challenges increased significantly this...
U.S. Debt: Not Bound by our Borders
With U.S. debt held by the public on track to exceed 100% of the economy in a little over a decade, policymakers must come together now and implement...
Update on House Activities: Debt Ceiling, CR, and Defense Bill
The House has been extremely busy today, not only passing a $154 billion jobs bill but also passing a temporary continuing resolution, the defense...
House Passes $154 Billion Jobs Package
This afternoon, the House passed a $154 billion economic aid package. Below we have listed the major spending areas within the bill: Spending...
Penny and MacGuineas in the Press
Tim Penny, co-chair of the Peterson-Pew Commission on Budget Reform, was interviewed today for an hour on his home state public radio station. Saying...
Note to Citi: Get Your Fiscal House In Order!
The IRS has agreed to give up billions in tax money in exchange for Citigroup’s repurchase of $20 billion of its assets held by TARP. In a notice...
Deficit Commission Debated
Differing views on creating a deficit commission were aired at a Capitol Hill forum yesterday sponsored by the Cato Institute. The proposal, which is...
Event Recap: Release of 'Red Ink Rising'
On December 14, the Peterson-Pew Commission on Budget Reform hosted a public event at the National Press Club to announce the release of its report...
GM and Wells Fargo Jump on the Bandwagon
General Motors and Wells Fargo have both just announced that they intend to repay all of the $6.7 billion and $25 billion, respectively, in...
And the Winner Is...
Earlier this year the White House created a contest for federal employees that was focused on producing real ideas that would yield monetary savings...