PAYGO & CUTGO

Continuing in our discussion of (what we believe to be the most important!) Ten Questions to Ask the Candidates leading up to this coming Tuesday's...

Should Old Performance be Forgot, and Never Brought to Mind? – The new fiscal year (2011) began on Friday. Instead of imbibing in champagne, CRFB...

The Wall Street Journal reports that a package of tax extenders might have a harder time getting by the PAYGO regime. Since the planned offsets were...

A few days after Senate Republicans jumped on board the Sessions-McCaskill bandwagon, 58 House Democrats called for greater restraint of spending and...

In remarks at the think tank Third Way, House Majority Leader Steny Hoyer covered the bases in talking about our deficits and debt. Among the topics...

The statutory PAYGO law left a gaping hole for spending designated as an emergency. Since the designation has no formal definition, it can technically...

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 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...