Committee for a Responsible Federal Budget
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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.

Event Recap: Release of 'Red Ink Rising'

On December 14, the Peterson-Pew Commission on Budget Reform hosted a public event at the National Press Club to announce the release of its report...
Dec 15, 2009 | Budgets & Projections

GM and Wells Fargo Jump on the Bandwagon

General Motors and Wells Fargo have both just announced that they intend to repay all of the $6.7 billion and $25 billion, respectively, in...
Dec 15, 2009 | Budgets & Projections

And the Winner Is...

Earlier this year the White House created a contest for federal employees that was focused on producing real ideas that would yield monetary...
Dec 15, 2009 | Economics| Budget Process| Taxes

Peterson-Pew in the Press

The Peterson-Pew Commission’s “Red Ink Rising” plan for American lawmakers has earned some black ink worldwide too since its...
Dec 15, 2009 | Budget Process

Another Issue with Using TARP Funds for Other Purposes

According to a Donald Marron, reallocating TARP funds to use for other purposes (such as a jobs bill) may violate the letter of the law (and...
Dec 14, 2009 | Budgets & Projections

Release of 'Red Ink Rising'

Warning that the out-of-control federal debt places the economic future of our nation at risk, the Peterson-Pew Commission on Budget Reform this...
Dec 14, 2009

Citi to Repay $20 Billion in TARP Funds

Today, Citigroup announced that it will repay $20 billion in TARP funds. Since last fall, the government has provided $45 billion in capital for Citi...
Dec 14, 2009

Three More FDIC Closings

On Friday evening, the FDIC reported that it has taken over an additional three banks (Solutions Bank, Valley Capital Bank, Republic Federal Bank)...
Dec 14, 2009

Washington Post Warns of Coming Debt Panic

The Washington Post, this morning, warned that it is "time to start panicking" about the long-term debt, and that bipartisan action would...
Dec 11, 2009 | Budgets & Projections

House Passes $447 Billion 'Minibus' Bill

The House passed a bill yesterday containing six of the appropriations bills still lingering in Congress, at a total cost of $447 billion. On Monday...

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