Senate
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Wyden Calls for Tax Reform Before Tax Cut Debate
The Hill reports that Senator Ron Wyden (D-OR) urged fellow lawmakers this week at a tax policy conference to focus on fundamental tax reform instead...
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CBO Finds Tax Cuts Are Bad for the Economy
In testimony before the Senate Budget Committee last week, CBO Director Douglas Elmendorf quantified the impacts that extending some or all of the...
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CRFB Event: It's Time to Get Specific
With the fiscal debt clock ticking, the Committee for a Responsible Federal Budget yesterday brought together members of Congress and other fiscal...
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Appropriations Update: Senate Poised to Pass CR
Update 09-30-10: The Senate passed the CR last night on a 69-30 vote. The House soon followed with a successful 228-194 vote. An amendment from...
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Lew: 'We Must Put Our Nation Back on a Sustainable Fiscal Course'
Yesterday, the Senate Budget Committee held a hearing on Jacob Lew’s nomination as the new head of the Office of Management and Budget, where he...
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Small Business Aid Bill Close to Enactment
UPDATE: The Senate passed the small business package on Thursday 9/16, and the House is expected to pass the legislation early next week. The Senate...
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‘Line’ Items: Football Edition
Kick-off Time – Football season got underway this weekend, and the final legislative drive before the mid-term elections also commences this week. The...
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Appropriations Update: Senate Heading Toward Cutting More
The Senate appears headed toward cutting discretionary spending even below the level called for by Senate appropriators. Senate Majority Leader Harry...
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Finally, Deficit Neutral Stimulus
Finally, the Senate got it right: we have a deficit-neutral stimulus. In fact, the bill would even slightly reduce deficits by $1.4 billion over the...
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Three Economists Testify Before Senate Budget Committee
Yesterday morning, Richard Berner of Morgan Stanley, Simon Johnson of MIT, and Joel Naroff of Naroff Economic Advisors testified before the Senate...
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‘Line’ Items: War Supplemental Finally Passes; Small Biz Bill Not So Lucky
House Gone, Senate Eyeing the Exit – The House started its six-week recess Friday and the Senate will adjourn at the end of this week. Debate and a...
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Appropriations Update: Lawmakers Moving 2011 Spending Bills
Signaling their desire to be more austere, House and Senate appropriators continued pushing their Fiscal 2011 spending bills through the system this...