Budgets & Projections
Latest
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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...
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On Health Reform Repeal
There has been an increasing amount of talk this week concerning calls for repeal of the health care reform legislation, as the 112th Congress...
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So, How Much Would Republicans Cut Spending?
In the Pledge to America released this past fall, House Republicans called for "[rolling] back government spending to pre-stimulus, prebailout levels...
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2010 Financial Report of the U.S. Government
The Treasury Department released Tuesday its annual Financial Report of the U.S Government. The report highlights the nation's budget deficit, net...
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The Government is Funded...until March 4th
On Tuesday the Senate passed a Continuing Resolution (CR) keeping the federal government funded until March 4; the House is expected to pass it later...