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...
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...
Nov 5, 2009 | Budget Process
Want to See a Budget Gimmick in Action?
UPDATE: The Senate has passed a bill to extend...
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, ...
Understanding Federal Commitments to Housing and Health Care
Yesterday, the Congressional Budget Office put out An Overview of Federal Support for Housing. 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,...
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...
Nov 2, 2009
Nine More FDIC Bank Closings
On Friday evening, the FDIC reported that it has taken over an additional nine banks (...
Nov 2, 2009 | Taxes
Weekend Editorial Roundup
Here are the highlights from this weekend’s editorials on fiscal and budget policy:...
Oct 31, 2009 | Budgets & Projections
A Scary Thought
The federal debt held by the public, today, is almost $7.5 trillion...
CBO 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)...
Comparison: Cost of the House Health Care Bill
Today, House Speaker Nancy Pelosi intoduced the latest House health care reform bill, fresh with estimates from the Congressional Budget Office and...
Oct 29, 2009 | Taxes
Homebuyers Credit Will Likely be Extended
The Senate has reached a consensus on the issue of extending the homebuyer’s tax credit, first implemented in the stimulus bill. The tax...
Oct 29, 2009 | Budgets & Projections
GMAC Offers $2.9 Billion in Debt
The General Motors Acceptance Corporation (GMAC), previously owned by General Motors, has offered $2.9 billion of three-year bonds in the private...
House Health Bill Numbers Should Come Out Today
House Majority Leader Nancy Pelosi will...
Oct 29, 2009 | Health Care
House Health Bill Numbers Come Out Today
Update: The Congressional Budget Office has put out their amended score of the House health care bill. It can be found...
Oct 28, 2009
CRFB's Marc Goldwein to Speak at YP Nation Event Tonight
Tonight, Marc Goldwein, Policy Director of CRFB and Senior Policy Analyst in the...
Oct 28, 2009 | Taxes
Cracking Down on Tax Evasion Could Boost Revenue
The Obama administration is looking into offsetting some of the costs of likely tax break extensions by cracking down on international tax evasion....
CBO Delivers Cost Estimate for Physician Payment Updates
Yesterday the CBO delivered a cost estimate for instituting permanent Medicare physician payment updates by repealing the sustainable growth...
