Budgets & Projections
Latest
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Republican Study Committee Proposes Spending Cuts
Today the Republican Study Committee (RSC), the caucus of conservatives in the House of Representatives, announced their proposal for reducing our...
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PAYGO Annual Report Shows Glaring Exemptions
OMB recently released an annual report on PAYGO, showing the budgetary impacts of PAYGO legislation, current policy exemptions, and exemptions for...
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‘Line’ Items: Dreams and Schemes Edition
Can Dreams of Cooperation be Fulfilled? – Yesterday the nation celebrated the legacy of Dr. Martin Luther King, Jr. His vision of unity and...
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Bruce Reed Named as Biden's Chief of Staff
Today, Vice President Joe Biden announced that Bruce Reed will be his next chief of staff. Bruce served as Executive Director of the President's...
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Taxpayers for Common Sense Proposes Budget Cuts
The independent, non-partisan policy group Taxpayers for Common Sense (TCS) released their recommendations for how to reduce the deficit. They...
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Rep. Brady Introduces CUTS Act of 2011
Congressman Kevin Brady (R-TX) has introduced legislation called the Cut Unsustainable and Top-Heavy Spending (CUTS) Act of 2011. It includes numerous...
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David Walker: Congress Needs to Get Serious About Fixing Finances
In a recent Roll Call Op-Ed, CRFB Board Member David Walker urges lawmakers to make bold fiscal policy steps to reduce the deficit. Walker challenges...
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Fed Pays Record $78.4B to Treasury from Interest on Risky Assets
Yesterday the Federal Reserve announced it would be paying a record $78.4 billion to the U.S. Treasury for 2010. It accumulated this large sum from...
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Wall Street Banks Cut Holdings of U.S. Debt
Wall Street banks have been drastically cutting their holdings of U.S. Treasuries, according to Bloomberg News. According to most analysts, this is a...
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Goolsbee Hints at Fiscal Focus in President's Budget
On Friday, Austan Goolsbee, the Chairman of the President's Council of Economic Advisors, gave some preliminary remarks on the Administration's...
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‘Line’ Items: January 10, 2011
Shooting Puts Legislative Business on Hold – The shooting of Congresswoman Gabrielle Giffords and 19 others in Tucson, Arizona has resulted in House...
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Bernanke Talks Debt before Senate Budget Committee
The Senate Budget Committee heard testimony today from Ben Bernanke, chairman of the Federal Reserve. Opening remarks were made by committee chairman...