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) ...
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.
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...
Aug 12, 2009 | Economics
FOMC Leaves Stance Unchanged
August 12 - The key Fed policymaking body, the Federal Open Market Committee (FOMC), released its...
CRFB Discusses CBO Social Security Projections
August 11 - Today, CRFB released a report highlighting its...
CBO Reports on Social Security
August 8 - Today, the Congressional Budget Office (CBO) released its Long-Term...
Aug 6, 2009 | Budgets & Projections
CBO Releases Budget Options Volume 2
August 6 - Today, the CBO released the second of...
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...
Taxing the Middle Class
August 4 - Yesterday, White House Press Secretary Robert Gibbs...
Jul 31, 2009 | Economics
Second Quarter U.S. GDP and the Stimulus Package
July 31 - U.S. real GDP declined by 1.0% (annual rate) in the second quarter, the fourth straight quarterly drop, according to...
Jul 31, 2009 | Budgets & Projections
House and Senate Work to Finish FY 2010 Appropriations Bills
July 31 - Yesterday, the House ...
