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...
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.
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...
Nov 2, 2009 | Taxes
Weekend Editorial Roundup
Here are the highlights from this weekend’s editorials on fiscal and budget policy:The New York Times criticized the House Financial Services...