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...
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.
Sep 4, 2009
Welcome to The Bottom Line!
CRFB.org has just completed a major web redesign! We encourage you to explore the entire site, along with a whole new...
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”. In this...
Sep 2, 2009 | Budgets & Projections
The Ups and Downs of Buttressing the Economy
Yesterday, the Wall Street Journal posted an ...
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 (...
Aug 30, 2009 | Budgets & Projections
So What Will the Deficit Really Be?
Last week, the Congressional Budget Office (CBO) released its updated Budget and Economic Outlook and the Office of Management and Budget (OMB) ...
Aug 26, 2009 | Budgets & Projections
Put Another $2 Trillion on the Tab
CRFB released this report on OMB's Mid-Session...
Aug 24, 2009 | Budgets & Projections
OMB's Mid-Session Review Will Show Greater Ten-Year Deficits
Late Friday the White House conceded that ten-year deficits would total around $9 trillion, according to their estimates. This is $2 trillion...
Aug 24, 2009
Bernanke at Jackson Hole
The Fed is holding its annual summer retreat at Jackson Hole, Wyoming, which features Fed officials and outside experts discussing the critical...
Aug 21, 2009 | Social Security
Fiscal Space, Stimulus and Entitlement Cuts
Given the weak economy, how do we balance our need for economic stimulus now with our need to get our fiscal house in order to prevent the age and...
Aug 20, 2009 | Budgets & Projections
Mid-Session Review to Report Lower 2009 Deficit
August 20 - Next Tuesday the Office of Management and Budget (OMB) will release their Mid-Session Review of the budget. They plan to announce that...
Aug 18, 2009 | Budgets & Projections
Record Monthly and Yearly U.S. Deficit
August 18 - According to Bloomberg, last month's budget deficit hit a...
Aug 17, 2009 | Other Spending
Unwanted Defense Spending Draws Presidential Veto Threat
President Obama reiterated his intention to veto any Defense...
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...
