Committee for a Responsible Federal Budget
Washington Monument

Blog | November 2009

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.

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) this...
Nov 6, 2009 | Economics

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...
Nov 5, 2009 | Health Care

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...
Nov 5, 2009 | Budget Process

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...
Nov 4, 2009 | Health Care

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."...

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...
Nov 3, 2009 | Budgets & Projections

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...
Nov 3, 2009 | Health Care

Event: Will Health Care Reform Heal the Federal Budget?

This Friday, November 6th U.S. Budget Watch will be hosting an event, "Will Health Care Reform Heal the Federal Budget?" This event aims to...
Nov 2, 2009 | Budgets & Projections

Large Share of U.S. Debt Will Have to Be Refinanced

According to the Government Accountability Office (GAO), roughly $5.1 trillion in publicly traded U.S. Treasury bonds – or around 78 percent of...
Nov 2, 2009

Nine More FDIC Bank Closings

On Friday evening, the FDIC reported that it has taken over an additional nine banks (FDIC Closes Nine Banks) for a cost to the FDIC of around $2.5...

Pages