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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.

Aug 5, 2009

Top Senate Democrats Look to Reinforce Cash for Clunkers Before Recess

August 5 - Harry Reid and other top Senate officials are confident that a vote to extend the Car Allowance Rebate System (Cash for Clunkers program)...

Taxing the Middle Class

August 4 - Yesterday, White House Press Secretary Robert Gibbs reiterated the administration's pledge not to raise taxes on Americans earning less...
Jul 31, 2009 | Economics

Second Quarter U.S. GDP and the Stimulus Package

July 31 - U.S. real GDP declined by 1.0% (annual rate) in the second quarter, the fourth straight quarterly drop, according to today's report by the...
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Jul 31, 2009 | Budgets & Projections

House and Senate Work to Finish FY 2010 Appropriations Bills

July 31 - Yesterday, the House passed its final FY 2010 appropriations bill, but, in the process, disregarded requests from the Pentagon and Obama...
Health Care_Doctor
Jul 30, 2009 | Health Care

CRFB Release Urges Health Care Cost Controls

July 30 - Yesterday, CRFB put out a release urging policymakers to focus on controlling costs associated with current health care reform efforts. The...
Jul 29, 2009 | Health Care

House and Senate Move Closer to Health Care Reform

July 29 - Both the House and Senate announced today that influential legislators had helped negotiate compromises aimed at pushing health care reform...
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Jul 28, 2009 | Budgets & Projections

China Continues to Question U.S. Debt Security

June 28 - Martin Crutsinger reports today that, at least behind closed doors, China has been raising serious concerns about the state of the US...
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New CBO Reports on Health Care Reform

July 27 - This weekend, the Congressional Budget Office (CBO) released two very significant reports, Additional Information Regarding the Effects of...
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Jul 24, 2009 | Budget Process

The Statutory Pay-as-You-Go Act of 2009

July 24 - This week the House passed statutory PAYGO legislation requiring spending and tax cuts to be offset in a deficit-neutral fashion. While...
President Obama
Jul 24, 2009 | Health Care

Obama Interview with the Washington Post

July 24 - Read Fred Hiatt's excellent interview with President Obama on health care reform and the need to deal with the fiscal crisis....
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Jul 22, 2009 | Budget Process

House Passes Statutory PAYGO

Today, the House of Representatives passed statutory pay-as-you-go (PAYGO) legislation, which would require that all new mandatory spending and tax...
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Jul 21, 2009 | Health Care

CRFB Releases "Health Care and the Federal Budget"

July 21 - Today the Committee for a Responsible Federal Budget released "Health Care and the Federal Budget," which looks at the state of...
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Jul 21, 2009 | Economics

Fed Chairman Bernanke Reports to Congress

July 21 - Federal Reserve Board Chairman presented his twice a year monetary policy testimony and the Fed's semi-annual monetary policy report to...

CBO Estimates House Health Care Bill

July 18 - Yesterday, the CBO released preliminary cost estimates for the House Tri-Committee health care reform bill. According to the CBO, the bill...
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Jul 17, 2009 | Economics

NEC Director Summers at Peterson Institute

July 17 - President Obama's chief economic adviser Lawrence Summers spoke today to the Peterson Institute for International Economics on "...
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Administration Urges Creation of Independent Medicare Advisory Council to Help Control Costs

July 17 - Today OMB Director Orszag urged Speaker Pelosi to support a Base Realignment And Closure-like (BRAC) process for reviewing Medicare changes...
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Jul 16, 2009 | Economics

Cross Currents in the Economy and Financial System

July 16 - Cross currents in the U.S. economy are particularly evident today and illustrate why it is so difficult to figure out where the economy is...
Health Care_Doctor
Jul 14, 2009 | Health Care

Costs and Offsets in the House Tri-Committee Health Care Reform Plan

July 14 - Earlier today, House Democrats released a draft of the America's Affordable Health Choices Act , along with a series of summary documents...
Concept_Interest
Jul 12, 2009 | Economics

Blue Chip Consensus: Weak Recovery Underway

July 12 - Recent consumer confidence, spending and labor market data have raised questions about whether the economy is losing momentum, and these...
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Jun 26, 2009 | Economics

Stimulus shows up in consumer spending

June 26 - Can we measure the effects of the economic stimulus legislation?  We are just starting to see effects show up in U.S. economic data....

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