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The Administration is taking important steps in improving the budget situation: The proposed 3-year spending freeze of non-security discretionary...

Washington Post Editorial: Economic stimulus plans ought to specify how the borrowed money gets repaid

Making the Pitch – With much of Washington eagerly anticipating the debut of Stephen Strasburg on the mound tomorrow, the return of Congress this week...

Looks like the White House wants to attack the deficit one small change at a time. After promoting the Reduce Unnecessary Spending Act to give the...

Yesterday, Donald Marron asked the question: " How Blurry is the Line between Monetary and Fiscal Policy?" As our readers know, we have been tracking...

Yes, today’s employment news from May is disappointing – even though there are some encouraging signs. Let’s start with the bright side: the...

Today's May jobs report was a surprise to many economists, who had expected stronger private sector gains. Government-hired Census workers accounted...

Jeanne Sahadi wrote for CNN today on the sometimes-overlooked short-term perils that the growing US debt could create, and how they affect the average...

According to a new CBO report, automatic stabilizers added about $282 billion to the federal deficit last year and are projected to add $351 billion...

Lots of Assignments Due After Recess – Lawmakers are home this week for the Memorial Day recess. When they come back next week they will have a lot of...

In a publicly released letter to the co-chairs of President Obama’s fiscal commission, Rep. Frank Wolf (R-VA) warned of the “deep and downward slide”...

Here are the highlights from this weekend’s editorials on fiscal and budget policy: In light of Obama advisor Larry Summers’ recent speech on the...