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.
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...
CBO/JCT Report Roundup
A number of very interesting and relevant reports have come out of the Congressional Budget Office (CBO) and Joint Committee on Taxation (JCT) the...
Unemployment Rate Now above 10%, Highest Since 1983
According to the Bureau of Labor Statistics’ monthly report, the unemployment rate made a stunning leap in October from 9.8% in September to 10.2%...
US Budget Watch Releases Updated Charts Comparing Health Reform Bills
US Budget Watch has updated a number of charts comparing the latest versions of the health care reform bills. Included is the new Republican version...
Want to See a Budget Gimmick in Action?
UPDATE: The Senate has passed a bill to extend jobless benefits, a bill which also includes the extension in the homebuyer tax credit and carry-back...
Health Bills Don't Go Far Enough to Cut Costs
In today's Washington Post, Ceci Connelly has an article titled, "Health Bills are too Timid on Cutting Costs, Experts Say." In it she discusses how...
Understanding Federal Commitments to Housing and Health Care
Yesterday, the Congressional Budget Office put out An Overview of Federal Support for Housing. In the report, CBO outlined the nearly $300 billion in...
Orszag Promises Deficit Reduction Next Year
In a speech given today at New York University, OMB Director Peter Orszag said the Administration intends to cut the deficit in half by the end of...