Jan 10, 2011 | Budgets & Projections
Goolsbee Hints at Fiscal Focus in President's Budget
On Friday, Austan Goolsbee, the Chairman of the President's Council of Economic Advisors, gave some preliminary remarks on the Administration's...
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.
On Health Reform Repeal
There has been an increasing amount of talk this week concerning calls for repeal of the health care reform legislation, as the 112th Congress...
Jan 7, 2011
Gene Sperling Named Director of National Economic Council
Today, President Obama named Gene Sterling as the new director of the National Economic Council. Mr. Sperling, who will succeed outgoing director...
Bernanke Talks Debt before Senate Budget Committee
The Senate Budget Committee heard testimony today from Ben Bernanke, chairman of the Federal Reserve. Opening remarks were made by committee chairman...
Jan 6, 2011 | Other Spending
Gates Outlines $178 Billion in Savings and Efficiencies over Five Years
Defense Secretary Robert Gates announced today the specifics for how the Defense Department will reduce spending by $178 over the next five years...
House Takes Early Steps on Deficit Reduction
The 112th Congress has moved quickly to signal a new focus on fiscal responsibility and attention to our ballooning national debt. As...
Jan 6, 2011 | Taxes
IRS Taxpayer Advocate to Congress: The Time for Tax Reform is Now
In its annual report to Congress Wednesday, the National Taxpayer Advocate stated unequivocally that "the most serious problem facing taxpayers...
Jan 6, 2011
Deficit Hawks Get Fiscy
TV stars have the Emmys, athletes have the ESPYs, now budget wonks have a major award to call their own.Wednesday night was a big night for the...
So, How Much Would Republicans Cut Spending?
In the Pledge to America released this past fall, House Republicans called for "[rolling] back government spending to pre-stimulus, prebailout...
Jan 5, 2011 | Budget Process
House Set to Pass New Rules
Last night, the House Republican conference approved a new set of rules -- making some big changes to several budgetary rules currently in place....