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.
Administration Claims Extra TARP Cash Is Deficit Reduction
This morning, a Wall Street Journal article reported that the White House intends to use some of the remaining TARP cash for deficit reduction, while...
Monthly Treasury Statement Shows $1.417 trillion Final Deficit Number for FY 2009
The Monthly Treasury Statement is out, and states that Fiscal Year 2010 is off to a perilous start. The deficit for the month of October is ringing in...
High Unemployment Numbers Displayed in Interactive Graphics
Last Friday, we blogged on new information from the Bureau of Labor Statistics reporting the astonishingly high monthly unemployment rate for October...
Gaps Return to State Budgets
In a recent report from the Center on Budget and Policy Priorities (CBPP), mid-year budget shortfalls, totaling $16 billion or 4 percent of these...
Stop Us Before We Spend Again
President of the Committee for a Responsible Federal Budget, Maya MacGuineas, testified before the Senate Budget Committee on proposals to form a...
Treasury Ends Capital Assistance Program
Yesterday, the Treasury announced that the Capital Assistance Program (CAP), one of TARP’s several programs, will close, having made no investments...
CRFB on Capitol Hill
Maya MacGuineas, President of the Committee for a Responsible Federal Budget, will testify today before the Senate Budget Committee on proposals to...
Bill to Extend Key Stimulus Measures Becomes Law
On Friday, the President signed into law a bill to extend several notable provisions under February's American Recovery and Reinvestment Act. The bill...
House Passes Health Reform Legislation Saturday
The House passed health care overhaul legislation on Saturday night by a vote of 220 – 215, with 39 Democrats opposing the bill and one Republican...
Five More FDIC Bank Closings
On Friday evening, the FDIC reported that it has taken over an additional five banks ( United Commercial Bank, Gateway Bank of St. Louis, Propseran...
Weekend Editorial Roundup
Here are the highlights from this weekend’s editorials on fiscal and budget policy: The Washington Post criticized the House health care bill because...
Event Recap: Will Health Reform Heal the Federal Budget?
This morning, US Budget Watch, a joint project of the Committee for a Responsible Federal Budget and The Pew Charitable Trusts, hosted an event on the...