CRFB Re-Estimates the Fiscal Commission's Plan
In the awesome world of budget baselines and budget options, we are graced a few times a year with updated budget projections from CBO. These updated...
President's Fiscal Commission
A Special 10/40
In the spirit of Tax Day today the Bottom Line presents its own special “10/40” (don’t worry; we aren’t filing this with the...
Rep. Cooper Withdraws Amendment, but Effort Was Not in Vain
Last night, Congressman Jim Cooper (D-TN) withdrew from consideration his substitute amendment to the FY 2012 budget resolution that will be voted on...
President Obama Will Use Simpson-Bowles Plan As Model for Deficit Reduction
Update: Rep. Chris Van Hollen (D-MD), the ranking Democrat on the House Budget Committee, also offered his support for Fiscal...
Between the ‘Line’s: Paths, Deadlines, Ceilings and Receipts
House GOP Budget Unveiled – On Tuesday, House Budget Committee Chairman Paul Ryan (R-WI) unveiled his fiscal year 2012 budget proposal, titled “The...
Ten Former CEA Chairs Call for "Intense Negotiations" on Long-Term Deficits
A bipartisan group of ten former chairs of the President's Council of Economic Advisors (CEA) published an op-ed in Politico today stating that the...
‘Line’ Items: Brackets and Budgets Edition
Brackets – As many busy themselves today going over the brackets for the big tourney, picking the next Cinderella and who will win it all, the...
Bowles and Simpson Launch Moment of Truth Project
In an effort to maintain the momentum created by the President's Fiscal Commission, the commission's co-chairs -- former Sen. Alan Simpson and former...
Congressional Hearing on Fiscal Commission Plan and Launch Event of the Moment of Truth Project
Two important events are lined up for today. First, the Senate Budget Committee will hear testimony from Erskine Bowles and Senator Alan Simpson, co-...
‘Line’ Items: Stopgaps, Limits, Higher Powers and the Moment of Truth
Lots of Stopgaps, Little in Closing the Fiscal Gap – Washington averted a government shutdown last week by agreeing on a two-week continuing...