Committee for a Responsible Federal Budget
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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 19, 2009

Buffett Warns Against Rising Debt-to-GDP Ratio

Warren Buffett has written in the New York Times that significant levels of U.S. spending will prove to pose problems for our economy and currency...
Aug 18, 2009 | Budgets & Projections

Record Monthly and Yearly U.S. Deficit

August 18 - According to Bloomberg, last month's budget deficit hit a record $180.7 billion, higher than any month in U.S. history.Spending in July...
Aug 17, 2009 | Other Spending

Unwanted Defense Spending Draws Presidential Veto Threat

President Obama reiterated his intention to veto any Defense Appropriations Bill that contains superfluous spending provisions today at a Veterans of...
Aug 14, 2009

Obama Economic Advisor Appears on The Daily Show

Austan Goolsbee, chief economist of President Obama's Economic Recovery Advisory Board appears below on the Daily Show with John Stewart. Goolsbee...
Aug 14, 2009 | Economics

The Economy: Expectations and Reality Check

August 14 - Real GDP fell by 6.4 percent and then 1.0 percent in the first two quarters of the year. As of the second quarter, real growth was 4...
Aug 12, 2009 | Economics

FOMC Leaves Stance Unchanged

August 12 - The key Fed policymaking body, the Federal Open Market Committee (FOMC), released its statement today following its regularly scheduled...

CRFB Discusses CBO Social Security Projections

August 11 - Today, CRFB released a report highlighting its take on CBO's Long-Term Projections for Social Security. Last year, the CBO projected...

CBO Reports on Social Security

August 8 - Today, the Congressional Budget Office (CBO) released its Long-Term Projections for Social Security. According to the CBO: "...
Aug 6, 2009 | Budgets & Projections

CBO Releases Budget Options Volume 2

August 6 - Today, the CBO released the second of two lengthy reports outlining the budgetary options of various policies likely to be undertaken by...
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)...

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