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.

Sep 14, 2009

Fiscal Stimulus: The CEA Report and Beyond

Is the largest fiscal stimulus package adopted in U.S. history working? Is it worth the high fiscal cost in the future?
Sep 14, 2009 | Economics

Fiscal Failures Hurt U.S. Competitiveness

UPDATE: See New American Contract's response to our post. They argue there may be trade-offs between improving the fiscal situation and strengthening...
Sep 12, 2009

Three More FDIC Bank Closings

On Friday evening, the FDIC reported that it has taken over three additional banks (Venture Bank, Brickwell Community Bank, and Corus Bank) for a...
Sep 11, 2009 | Budget Process| Health Care

Selective Triggering

We think triggers can be helpful in budgeting, by providing a back-up plan for when estimates prove wrong or conditions change, and by helping...
Sep 10, 2009

CEA Releases Report on the Economic Impact of the Recovery Act

The Council of Economic Advisers has just released their first quarterly report on the economic impact of the American Recovery and Reinvestment Act...
Sep 9, 2009 | Budget Process

Trigger Happy

REVISED: Today, CRFB issued a press release commenting
Sep 9, 2009 | Health Care

The Deficit Pledge

"I will not sign a plan that adds one dime to our deficits – either now or in the future. Period.”
Sep 9, 2009 | Health Care

Some Highlights from Obama's Health Care Speech

A few minutes ago, President Obama addressed a joint session of Congress to discuss health care reform.
Sep 9, 2009 | Health Care

Those 'Health Care Gimmicks' Are Still Out There

Today, the Peter G. Peterson Foundation released a Lewin Group analysis of the current House health care reform bill (America’s Affordable...
Sep 9, 2009

Congressional Oversight Panel Reports on Bailout of Auto Industry

This morning, the Congressional Oversight panel released a report on the use of TAR
Sep 8, 2009 | Taxes

Ideas for Tax Reform

Recently, Tax Analysts released Toward Tax Reform: Recommendations for President Obama's Task Force , a collection of essays by 32 prominent tax...

Another $95 Billion of Budgeting Through Footnotes

Last week, we wrote about $85 billion worth of stimulus tax cuts which the Obama administration assumed as permanant in their baseline so that they...
Sep 4, 2009

Welcome to The Bottom Line! has just completed a major web redesign!
Sep 4, 2009 | Social Security

CBO Projects Social Security Deficits in 2010

CBO recently published new projections for the revenues and outlays for Social Security (kudos to Andrew Biggs for pointing this out). The updated...

Budgeting through Footnotes

 This morning, Lori Montgomery of the Washington Post reported on the decision of the Obama administration to

Constructing a "Current Policy" Baseline

Today, US Budget Watch released The Cost of “Current Policy”.
Sep 2, 2009 | Budgets & Projections

The Ups and Downs of Buttressing the Economy

Yesterday, the Wall Street Journal posted an articl

Pandering to Seniors

Responsible budgeting is always challenging – but it is particularly so when the discussion centers on certain “third rail" issues...
Aug 31, 2009

Wash Post and FT Call For Medium-Term Deficit Reduction Plan

Recently, both the Washington Post (