Obama Administration

It appears that President Obama and Republican lawmakers have reached a deal to extend the tax cuts enacted from 2001 to 2003. Part of the deal...

President Obama announced today that he is freezing federal pay for the next two years. This action will save $60 billion over the next ten years, and...

With the election behind us, our elected leaders are beginning to outline an agenda for the incoming Congress (though lawmakers cannot overlook the...

Today, the White House announced its intent to appoint CFRB Board Member Jim Kolbe and CFRB Co-Chair Bill Frenzel to the Advisory Committee for Trade...

Secretary of State Hillary Clinton spoke yesterday about the importance of taking action soon to ensure future fiscal sustainability, calling the...

Today, President Obama signed the Improper Payment Elimination and Recovery Act, hoping to make a dent in wasteful spending. Improper payments are...

Larry Summers, the Administration's top economist (and former CRFB board member), has an op-ed in the Financial Times today, looking at why the...

Today, President Obama has announced his intention to nominate Jacob Lew, the current Deputy Secretary of State for Management and Resources, to...

OMB and the President have just kicked off the 2nd annual SAVE Awards, a contest that allows federal employees to submit their ideas to save money for...

The Obama Administration is looking at spending once again. A day after the White House announced a plan to encourage savings by executive agencies...

Larry Summers gave a very interesting and thoughtful talk in Washington recently (May 24). But it was delivered in High Oracular Econospeak, so many...

Last week, the President said “my first priority is to figure out how can we reduce wasteful spending so that, you know, we have a baseline of the...