Latest
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Laura Tyson Argues for Deficit Reduction
Laura Tyson, a former chair of President Clinton’s Council of Economic Advisers, warned in a Bloomberg op-ed this morning that cutting back on fiscal...
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Obama Said to Support Tax on Health Insurance
According to the Associated Press, President Obama has encouraged House leaders to support the Senate's excise tax on high-cost insurance plans. As we...
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Rivlin Says U.S. Debt Scolds Cannot Be Ignored Much Longer
CRFB board member and former CBO and OMB director, Alice Rivlin, argued in Bloomberg, today, that policymakers should put a deficit-reduction plan in...
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Tough Challenge Facing Obama Administration in Last Days of Budget Deliberations
Today’s New York Times article on the difficulty President Obama faces in keeping his promise about deficit reduction and tax cuts, Promise to Trim...
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Can Government Debt Threaten Economic Growth?
At this week’s American Economic Association meetings in Atlanta, two economists, Kenneth Rogoff and Carmen Reinhart, explore how high levels of...
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Editorial Calls for Deficit Plan
John Podesta and Mike Ettlinger of the Center for American Progress have an op-ed in Financial Times today, calling for a 10 year plan to close the...
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Fiscal Policy Rules: What Works
Last month, the International Monetary Fund released a report identifying successful measures that countries should keep in mind as they cope with...
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Seven More FDIC Bank Closings
On December 18, the FDIC reported that it has taken over an additional seven banks ( First Federal Bank of California, Imperial Capital Bank...
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Since We've Been Gone...
We hope all of our readers had very happy holidays. Now that we are back from our vacation, there is a lot to report on regarding congressional...
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The Debt Doesn't Take a Vacation, But We Do
As a heads up to all of The Bottom Line's loyal readers, we wanted to let you know that we will be taking a break from blogging over the holidays. But...
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Senate Health Care Bill Released (And a Comparison Chart)
UPDATE: CBO mistakenly overestimated the deficit-reducing effect of the Medicare Commission in their score. As a result, they now estimate deficit...
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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...