Oct 31, 2012 | Other Spending
Saving For a Rainy Day
As the East Coast and other communities affected by superstorm Sandy begin the work of rebuilding and assisting those who need help, the CRFB and Fix...
Blog | October 2012
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 31, 2012
Debt Ceiling Watch 2012
In order to avoid bumping up against the statutory debt ceiling, the Department of the Treasury has begun undertaking a number of so-called "...
Oct 30, 2012
MY VIEW: Gene Steuerle
Urban Institute Fellow and CRFB Board Member Gene Steuerle points out the great confusion in the recent Medicare debate. Both President Obama and...
Oct 29, 2012
Why It Is Important to "Go Smart" on Deficit Reduction
Some commentators have pointed out that the fiscal cliff itself is a large deficit reduction package, one that would put the debt on a downward path...
Oct 29, 2012 | Budgets & Projections
Line Items: Frankenstorm Edition
Storm Brewing – The Northeastern U.S. is being impacted by the freak concurrence of several major storms that has caused major population...
Oct 29, 2012 | Taxes
Tax Reform is Very Hard
Recently, we released an analysis demonstrating that it is indeed possible to substantially reduce tax rates while still cutting the deficit. Despite...
Could We Go Bungee Jumping Off the Fiscal Cliff?
It is a point of consensus among those following the budget that the fiscal cliff would likely be very damaging for the economy in the short term,...
Oct 25, 2012 | Budgets & Projections
Medicaid Spending Growth At "Near-Record Low" for FY 2012
Though it seems we are far away from reaching a comprehensive debt deal, we can, at least for the moment, breathe a little sigh of relief. A...
Oct 25, 2012
Campaign to Fix the Debt at the New York Stock Exchange
Today, our own CRFB President Maya MacGuineas, rang the Opening Bell at the New York Stock Exchange (NYSE) to convene trading for the day, joined by...
Oct 24, 2012 | Budgets & Projections
President Obama Comments on the Possibility of a Grand Bargain
In an initially off-the-record interview with the Des Moines Register, President Obama outlined his vision for his second term. As you would expect,...