Budget Process

From Sophisticated to Sophocles – The untangling of the complex web of financial manipulation and deceit arising from the “hidden debts” controversy...

Policymakers will soon be focusing on passing a new package of extenders and tax breaks that – at a potential cost of around $200 billion over ten...

The Blue Dog coalition is pushing for further spending cuts beyond what is in the President’s and Senate’s budget proposals.

In an OMBlog today, OMB director Peter Orszag applauded the House's passage of the Improper Payments Elimination and Recovery Act. Improper payments...

Budget Resolution Drafted – The NFL isn’t the only entity that made key decisions for the future last week. On Thursday the Senate Budget Committee...

The Senate Budget Committee yesterday approved of a fiscal year 2011 budget proposal by a largely party line 12-10 vote, setting up a heated floor...

Congress Extends Unemployment Benefits, Along With the Deficit – Last week Congress extended expanded unemployment benefits, COBRA subsidies, the...

Congress this week demonstrated once again that members aren’t yet willing to embrace the new era of fiscal responsibility that was supposed to start...

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...

The Hill reports that Senator Tom Coburn (R-OK) has promised to block all future spending bills that are not fully “paid for.” He currently is leading...