House of Representatives
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Up-Hill Drive for Spending Bills, But No Gas in the Tank for Paying for Them
Two massive spending bills that congressional leaders wanted to dispose of before hitting the road for Memorial Day have hit potholes as lawmakers...
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Safety Net and Tax Extender Proposals Are Still Not Paid For
CBO and JCT have released updated cost estimates of the most recent version of the American Jobs and Closing Tax Loopholes Act (H.R. 4213), a bill...
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‘Line’ Items: Getting Out of Town Edition
Heavy Congressional Workload Before Break – Congress has a busy week ahead before it leaves town for next week’s Memorial Day recess. Lawmakers want...
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‘Line’ Items: Deeming, Dreaming, Votes and Quotes
Little Resolve for Budget Resolution – Leaders in the House have yet to make a final decision on moving forward with a FY2011 budget resolution. But...
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‘Line’ Items: Greek Tragedy Edition
From Sophisticated to Sophocles – The untangling of the complex web of financial manipulation and deceit arising from the “hidden debts” controversy...
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‘Line’ Items: Derby Edition
Super Saver Cashes In – Those who couldn’t resist the irony of betting it all on a horse named Super Saver were rewarded handsomely on Saturday as the...
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Blue Dog Demands May Hinder House Budget Resolution
The Blue Dog coalition is pushing for further spending cuts beyond what is in the President’s and Senate’s budget proposals.
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Ryan Joins Announcement Effect Club, and Rubin Comes So Close
At yesterday's Peter G. Peterson Foundation Fiscal Summit, the Announcement Effect Club saw its membership bump up, yet again. During the second panel...
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Improper Payments Are a Start--But Cuts Must Go Deeper
In an OMBlog today, OMB director Peter Orszag applauded the House's passage of the Improper Payments Elimination and Recovery Act. Improper payments...
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‘Line’ Items: Draft Edition
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...
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‘Line’ Items: Offsets and Coming to a Resolution on the Budget
Congress Extends Unemployment Benefits, Along With the Deficit – Last week Congress extended expanded unemployment benefits, COBRA subsidies, the...
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"Deficit Spending: Trouble on the Horizon?
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...