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As we have been looking at a number of fiscal plans for the US recently, the IMF has a useful appendix in its most recent Fiscal Monitor on what has...

The Congressional Budget Office has released its full analysis of President Obama's FY 2012 budget request. While the new report goes into greater...

Today, the S&P has cut the US ratings outlook from stable to negative, while maintaining our triple-A rating. While this does not represent a direct...

Happy Tax Day – Today is about the consequences of procrastination for the great many waiting until the last minute to file their federal income tax...

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 IRS). Just saying the...

Congressman Ryan has come under attack, recently, for the tax reform framework in the House Republican budget proposal. CBPP calls it "huge tax...

Just in time for Tax Day on Monday, the White House website has launched a taxpayer receipt. By entering what one has paid in federal taxes, the new...

Last night, Congressman Jim Cooper (D-TN) withdrew from consideration his substitute amendment to the FY 2012 budget resolution that will be voted on...

Unlike the haggling over spending for this year, which finally ended today with passage of legislation funding the federal government for the rest of...

The House and Senate today approved of legislation funding the federal government for the rest of the fiscal year, ratifying the agreement reached...

Rep. Chris Van Hollen (D-MD), the ranking member of the House Budget Committee, has released his own budget proposal to counter that of Committee...

Yesterday, Senators Lindsey Graham (R-SC), Rand Paul (R-KY), and Mike Lee (R-UT) introduced the Social Security Solvency and Sustainability Act –...