Committee for a Responsible Federal Budget
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Blog | July 2009

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.
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Jul 21, 2009 | Economics

Fed Chairman Bernanke Reports to Congress

July 21 - Federal Reserve Board Chairman presented his twice a year monetary policy testimony and the Fed's semi-annual monetary policy report to...

CBO Estimates House Health Care Bill

July 18 - Yesterday, the CBO released preliminary cost estimates for the House Tri-Committee health care reform bill. According to the CBO, the bill...
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Jul 17, 2009 | Economics

NEC Director Summers at Peterson Institute

July 17 - President Obama's chief economic adviser Lawrence Summers spoke today to the Peterson Institute for International Economics on "...
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Administration Urges Creation of Independent Medicare Advisory Council to Help Control Costs

July 17 - Today OMB Director Orszag urged Speaker Pelosi to support a Base Realignment And Closure-like (BRAC) process for reviewing Medicare changes...
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Jul 16, 2009 | Economics

Cross Currents in the Economy and Financial System

July 16 - Cross currents in the U.S. economy are particularly evident today and illustrate why it is so difficult to figure out where the economy is...
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Jul 14, 2009 | Health Care

Costs and Offsets in the House Tri-Committee Health Care Reform Plan

July 14 - Earlier today, House Democrats released a draft of the America's Affordable Health Choices Act , along with a series of summary documents...
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Jul 12, 2009 | Economics

Blue Chip Consensus: Weak Recovery Underway

July 12 - Recent consumer confidence, spending and labor market data have raised questions about whether the economy is losing momentum, and these...

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