Taxpayers for Common Sense Proposes Budget Cuts
The independent, non-partisan policy group Taxpayers for Common Sense (TCS) released their recommendations for how to reduce the deficit. They...
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.
Jan 12, 2011
Eichengreen Warns U.S. over Budget Mismanagement
Economist Barry Eichengreen warned the U.S. over at VoxEU about the consequences of "economic mismanagement"--essentially, not taking steps...
Jan 12, 2011 | Budgets & Projections
Rep. Brady Introduces CUTS Act of 2011
Congressman Kevin Brady (R-TX) has introduced legislation called the Cut Unsustainable and Top-Heavy Spending (CUTS) Act of 2011. It includes...
Jan 12, 2011
FI$CYs Generate Some Discussion...
As a member of the awards committee for the Fiscys, we have been taking some hits (see Krugman here, Ezra Klein here, and Grep Ip here) for...
Jan 11, 2011 | Budgets & Projections
David Walker: Congress Needs to Get Serious About Fixing Finances
In a recent Roll Call Op-Ed, CRFB Board Member David Walker urges lawmakers to make bold fiscal policy steps to reduce the deficit. Walker...
Jan 11, 2011 | Budgets & Projections
Wall Street Banks Cut Holdings of U.S. Debt
Wall Street banks have been drastically cutting their holdings of U.S. Treasuries, according to Bloomberg News. According to most analysts, this is...
Jan 11, 2011 | Budgets & Projections
Fed Pays Record $78.4B to Treasury from Interest on Risky Assets
Yesterday the Federal Reserve announced it would be paying a record $78.4 billion to the U.S. Treasury for 2010. It accumulated this large sum...
‘Line’ Items: January 10, 2011
Shooting Puts Legislative Business on Hold – The shooting of Congresswoman Gabrielle Giffords and 19 others in Tucson, Arizona has resulted in...
Jan 10, 2011
MY VIEW: Gene Steuerle
What do you pay in Medicare taxes? And what Medicare benefits can you expect? This issue—potent now that the first baby boomers are turning 65...
CNN Money Exclusive: Why GOP Agenda Could Make Debt Worse
In her latest commentary on CNN Money, CRFB President Maya MacGuineas says that despite the rhetoric on reducing the deficit, some of...