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.
Taxing Health Care Decisions
Information about the Senate health care bill is trickling in -- word is that coverage provisions will cost $849 billion over ten years and the bill...
Senate Health Care Bill to Cost $849 Billion
Breaking news: Senate Majority Leader Harry Reid is finally in the midst of unveiling the health care reform plan that will be brought to the Senate...
Will TARP be Renewed?
UPDATE: Treasury Secretary Geithner testified on Nov. 19 before the Joint Economic Committee, stating that "we are winding [TARP] down and will close...
$98 Billion Wasted
Government agencies misspent over $98 billion last year, $26 billion more than was wasted the previous year, the Associated Press reports. The White...
Debt Hits $12 Trillion
This week, the gross national debt hit a record $12.031 trillion. Gross debt is a broad measure which includes both debt held by the public (currently...
GM Outlook Improves Despite Q3 Losses
Early this week, General Motors stated that while it is still experiencing losses, it has stabilized itself enough so that the company can begin...
Several Executives Predict Third Stimulus
Several executives from General Electric and Bank of America Merrill Lynch said early this week in a BofA Merrill Lynch webcast that they see Congress...
CMS Analyzes House Health Care Bill
On Friday, the Centers for Medicare & Medicaid Services (CMS) released a report estimating the effects of the House health care reform bill. Looking...
Weekend Editorial Roundup
Here are the highlights from this weekend’s editorials on fiscal and budget policy: The New York Times applauds the House and Senate Finance bills for...
Three More FDIC Bank Closings
On Friday evening, the FDIC reported that it has taken over an additional three banks ( Pacific Coast National Bank, Orion Bank, Century Bank) for a...
Freezing Discretionary Spending...
UPDATE: Stan Collender thinks we might be making ice mountains out of snow hills. According to a number of news reports, President Obama has begun...
FDIC to Collect Three Years of Premiums in Advance
The FDIC has just adopted a rule to require banks to pay at the end of 2009 the amount they would owe the FDIC for insurance premiums over the next...