Aug 17, 2009 | Other Spending
Unwanted Defense Spending Draws Presidential Veto Threat
President Obama reiterated his intention to veto any Defense Appropriations Bill that contains superfluous spending provisions today at a Veterans of...
Blog | August 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.
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 14, 2009 | Economics
The Economy: Expectations and Reality Check
August 14 - Real GDP fell by 6.4 percent and then 1.0 percent in the first two quarters of the year. As of the second quarter, real growth was 4...
Aug 12, 2009 | Economics
FOMC Leaves Stance Unchanged
August 12 - The key Fed policymaking body, the Federal Open Market Committee (FOMC), released its statement today following its regularly scheduled...
CRFB Discusses CBO Social Security Projections
August 11 - Today, CRFB released a report highlighting its take on CBO's Long-Term Projections for Social Security. Last year, the CBO projected...
CBO Reports on Social Security
August 8 - Today, the Congressional Budget Office (CBO) released its Long-Term Projections for Social Security. According to the CBO: "...
Aug 6, 2009 | Budgets & Projections
CBO Releases Budget Options Volume 2
August 6 - Today, the CBO released the second of two lengthy reports outlining the budgetary options of various policies likely to be undertaken by...
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 Car Allowance Rebate System (Cash for Clunkers program)...
Taxing the Middle Class
August 4 - Yesterday, White House Press Secretary Robert Gibbs reiterated the administration's pledge not to raise taxes on Americans earning less...