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Up-Hill Battle for the Budget – Democratic leaders in Congress are floating the possibility that there will be no budget resolution this year, citing...

In testimony before the Joint Economic Committee, Federal Reserve Chairman Ben Bernanke once again affirmed his membership in our Announcement Effect...

At the Bottom Line we often complain about government officials avoiding hard fiscal choices because of the political difficulty involved. At the...

With huge structural deficits looming in the future, many observers feel that the current tax code will not be able to raise enough revenue to balance...

President Obama has pledged not to raise taxes on individuals who earn under $200,000 a year or on couples earning under $250,000. It seems highly...

Today, the Tax Policy Center, a joint venture of the Urban Institute and the Brookings Institute, announced that Donald Marron will become the new...

In order to help address its debt crisis, the country of Greece has set up a " solidarity account" to which people can donate money to help pay down...

They’re Back – Congress returns from its spring recess this week. The Senate is back in session today and the first order of business is a cloture...

What to do about those pesky expiring tax cuts? Generally speaking, Republicans want to extend them all; Dems want to extend most of them; and no one...

Here are the highlights from this weekend’s editorials on fiscal and budget policy: The Wall Street Journal noted the lessons that the United States...

In counting down to tax day, we’ve already shown that we don’t raise as much in revenue as we spend, and how this is partially the result of costly...

Along with the daffodils, the onset of spring has seen the blossoming of the “announcement effect” in the public discourse. Three international...