Committee for a Responsible Federal Budget
Washington Monument

Blog | May 2010

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.
May 26, 2010 | Budgets & Projections

The Budgetary Impacts of Fed Actions

Yesterday CBO issued a very interesting report on the budgetary impact of the Federal Reserve's actions to address the economic and financial crisis...
May 25, 2010 | Social Security| Taxes

Estimates of the Wyden-Gregg Tax Reform Bill

A few months back, we discussed a comprehensive proposal by Senators Ron Wyden (D-OR) and Judd Gregg (R-NH), the Bipartisan Tax Fairness and...

Aging and Entitlements

The U.S. Census Bureau came out with with a report this month on aging in the United States. Not to anyone's surprise, the report found that between...

Will Congress Embrace Spending Restraints?

As Congress debates hundreds of billion of dollars of new deficit-spending this week, they may also begin considering two proposals which can...

Safety Net and Tax Extender Proposals Are Still Not Paid For

CBO and JCT have released updated cost estimates of the most recent version of the American Jobs and Closing Tax Loopholes Act (H.R. 4213), a bill...
May 24, 2010 | Taxes| Other Spending

‘Line’ Items: Getting Out of Town Edition

Heavy Congressional Workload Before Break – Congress has a busy week ahead before it leaves town for next week’s Memorial Day recess....
May 21, 2010 | Economics

Market Watch: More Spillover from Greece

Throughout the week, U.S. financial markets continued to be dominated by a global market “flight to quality” in response to perceived EU...
May 21, 2010 | Economics

Alan Blinder Joins the Announcement Effect Club, Calls for Social Security Reform

Princeton's Alan Blinder says the bond market vigilantes are back; in Europe for now, but they'll be coming here soon. The bond vigilantes, for those...
May 20, 2010 | Other Spending

First YouCut Winner Would Save $2.5 billion

Last week we wrote about the introduction of YouCut, a project designed to allow people to vote on spending cuts they would like to see Congress...
May 20, 2010

Glad You Like Stabilize the Debt! Help Us Make it Better

We are so pleased our Stabilize the Debt! simulator has been met with such a positive response. Thanks for all your emails and thanks Derek, thanks...

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