Senate
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CRFB Applauds Senators for Supporting Deficit Commission Plan
Update: Senator Dick Durbin (D-IL) has also decided to support the Fiscal Commission's plan, helping to give the recommendations a bipartisan...
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Fiscal Commission Receives a Majority of Votes!
Senator Richard Durbin (D-IL) has just voted for the Fiscal Commission's final plan. In an op-ed in the Chicago Tribune explaining why he is choosing...
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Some in Washington Are Working on Deficit Reduction...but Others Aren't
In the wake of the release of the Fiscal Commission’s deficit reduction plan, it’s interesting to note the dichotomy between the focus on deficit...
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'Line' Items: After the Turkey Edition
Washington Still Has a Full Plate -- Congress returns this week from its Thanksgiving break as fiscal issues will jolt policymakers from their turkey...
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What's Up Doc Fix?
The Senate late Thursday passed another short-term “doc fix” that spares physicians from a 23 percent Medicare payment reduction through the...
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Welcome Back Congress -- to the Latest Appropriations Mess
Congress returns this week for a lame-duck session during which members will face a huge mess—providing money to keep the lights on in the federal...
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‘Line’ Items: Lame Duck Edition
Roast (Lame) Duck is Served – The lame duck session of Congress begins today, but it is already being panned as unlikely to be very productive. As we...
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Warner's Bipartisan Solution to the Tax Cut Problem
In an op-ed in the Financial Times today, Senator Mark Warner (D-VA) discussed tax breaks for the wealthy, an issue on everyone’s minds in the wake of...
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‘Line’ Items: ‘Now What?’ Edition
After the Voting – In case you were sleeping, there was an election last week. As a result of the mid-terms, Republicans will control the U.S. House...
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Election Analysis from a Fiscal Perspective
The fiscal implications of Tuesday’s election are enormous. With pressure to improve the economy continuing to mount, the 112th Congress will arrive...
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Congress’s To Do List: OMG
With the mid-term election behind us, the current Congress still has work to do. Lawmakers may address a huge number of issues when they return in two...
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57 Members of Congress Support Defense Cuts
Yesterday, 57 members of Congress sent a letter to the President’s Fiscal Commission advising the commission to put the defense budget under the...