Senate
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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...
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Chambliss and Warner: The New Debt Reduction Dream Team
This morning, Senators Saxby Chambliss (R-GA) and Mark Warner (D-VA) announced that they will introduce as legislation the Fiscal Commission’s...
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CRFB Launches "Fiscal Gold Star" Awards! First Winner Goes to Senator Coburn
With a real lack of fiscal sanity running around Washington lately, it's truly refreshing and encouraging to see someone break from party lines...
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Omnibus or CR: Sausage Making at its Wurst
An old cliche says that there are two things you should not watch being made--sausage and legislation. But right now, people should be watching the...
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Taxing Time for Fiscal Sanity
Update 12/17: The House approved of the tax cut package late Thursday on a 277-148 vote. The bill now goes to the White House for the president's...
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Senator Coburn Offers Amendment to Offset Some of the Tax Deal
Update: The Senate passed the tax cut legislation on a 81-19 vote. It now moves to the House, which may act Wednesday or Thursday. With the Senate...
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Amid Fiscal Frustration, Some Signs for Hope
The Senate is poised to pass a tax cut package that will add over $850 billion to our deficit. Meanwhile, a pork-laden $1.108 trillion omnibus...
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Coburn's Call to Arms for Tackling the Deficit
Senator Tom Coburn (R-OK) had some pretty inspiring words on the floor of the Senate the other night. He spoke about that the challenges in front of...
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Tax Cut Compromise a Costly "Deal"
The Senate began debate late Thursday on the tax cut compromise hammered out by some lawmakers and President Obama. The debate began even as House...
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Not Enough Thirst in Congress for Ad Hoc COLA
Today legislation to provide $250 payments to Social Security recipients in lieu of a cost-of-living adjustment (COLA) failed to garner enough votes...
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Tax Cut Deal Revealed
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...
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Appropriations Update: Will We Get a Spending Plan for Christmas?
Once again, Congress earlier this week had to pass a short-term stop-gap spending measure to keep the lights on. The House and Senate passed a...