Oct 18, 2010 | Budgets & Projections
The FY 2010 Deficit
Treasury and OMB released the final deficit number for FY 2010 on Friday: $1.294 trillion. While $120 billion lower than last year's deficit, it...
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.
Oct 15, 2010 | Social Security
Lawmakers Offer "CORA" - the "Cost of Reelection Adjustment"
Today, the Social Security Trustees announced that for the second year in a row, there will be no additional cost-of-living-adjustment (COLA) for...
Oct 15, 2010 | Economics
MARKETWATCH: October 11 - 15
Change is in the air, but plenty of uncertainty remains. As of mid-morning, the dust is still settling in U.S. and global markets as they take stock...
Oct 14, 2010
Decision Time
The new fiscal year has begun without a budget blueprint or any spending guidance enacted; the fiscal year 2010 deficit has been pegged at around $1....
Oct 14, 2010 | Taxes
Let's Get Specific: Tax Expenditures
Continuing with our Let’s Get Specific series, which lays out specific plans and policies to help reduce our national debt, today we have...
Another Price Index, Brought to You by Google
For most, the world of inflation statistics can be mind-numbing. Economists have developed a variety of indices. And there are three different...
Oct 14, 2010 | Other Spending
57 Members of Congress Support Defense Cuts
Yesterday, 57 members of Congress sent a letter to the President’s Fiscal Commission advising the commission to put the defense budget...
Esquire Commission Stabilizes the Debt!
They Did It!Kudos to the Esquire Budget Commission for releasing a budget plan this morning! Former Senators Gary Hart, Bill Bradley, Bob Packwood...
Oct 12, 2010 | Social Security
Congratulations to Peter Diamond!
All of us here at CRFB would like to congratulate Peter Diamond, an MIT economist, on winning the Nobel Prize for Economics this year. Diamond, along...
Oct 12, 2010 | Taxes
CNN Exclusive: Dear Congress: Don't blow it on Bush tax cuts
CRFB President Maya MacGuineas has a new commentary today on CNN.com. The piece offers some options for handling the expiring tax cuts. Read it here...