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In his speech today, President Obama proposed reducing the amount of money available in the TARP fund to pay for the new stimulus measure. When TARP...

This morning, eleven freshman Senators introduced a series of health care reform amendments which they call the Value and Innovation Package (thanks...

Citizens from across the country had a message yesterday for lawmakers: we are working together to solve our fiscal challenges, why can’t you? At a...

How and when the Fed will unwind the massive amounts of liquidity it has provided to shore up the financial system and economy? Will the Fed be able...

Today, in a speech at the Brookings Institution, President Obama outlined a strategy designed to accelerate job growth. In particular, he outlined...

Earlier this year, the Administration launched a contest to let federal employees submit ideas to save the government money (at the time, we called...

On Friday evening, the FDIC reported that it has taken over an additional six banks ( Greater Atlantic Bank, Benchmark Bank, AmTrust Bank, The...

Here are the highlights from this weekend’s editorials on fiscal and budget policy: The New York Times applauded a CBO estimate that under the health...

Today, the President's Economic Recovery Advisory Board (PERAB) was scheduled to release its recommendations on reforming the tax code. Although they...

According to today's Bureau of Labor Statistics report, the unemployment rate eased back to the 10 percent politically sensitive threshold in November...

A few hours before similar remarks were made by Fed Chairman Bernanke (see previous blog), his European counterpart, European Central Bank (ECB) head...

On December 3rd, Federal Reserve Board Chairman Ben Bernanke appeared before the Senate Banking Committee for the hearing on his nomination to a...