Latest
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‘Line’ Items: Stopgaps, Limits, Higher Powers and the Moment of Truth
Lots of Stopgaps, Little in Closing the Fiscal Gap – Washington averted a government shutdown last week by agreeing on a two-week continuing...
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TPC Looks at the Mortgage Interest Deduction
In a recent analysis of the second largest tax expenditure in the tax code--the mortgage interest deduction--the Tax Policy Center finds that most...
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Biden to Meet with Congressional Leaders about Budget
One day after President Obama signed a bill to avert - for at least 2 more weeks - a federal government shutdown, Vice President Joe Biden will meet...
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Lawmakers Avert Government Shut-Down, But Challenges Still Remain
In a vote of 91 to 9, the Senate has passed the House-crafted two-week continuing resolution (CR) to keep government doors open. Yesterday, this bill...
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GAO Report Finds Billions in Potential Savings
Today, the Government Accountability Office (GAO) released a comprehensive review of all federal programs in an effort to promote greater efficiency...
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How Interest Rates Could Affect Deficits and Debt
Interest rates have an enormous effect on how much we pay each year on servicing our debt. In the Budget and Economic Outlook from January, CBO...
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Senate Finance Committee Holds Hearing on Tax Reform
Today, the Senate Finance Committee had its first in a series of hearings for the coming year about reforming our tax code. Senate Finance Committee...
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CNN MONEY EXCLUSIVE: Spending Cuts Aren't Enough. It's Time to Fix the Budget.
In her latest commentary for CNN Money, CRFB president Maya MacGuineas talks about the House Republicans' latest spending proposals, how they could...
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Op-Ed: Spending Cuts Aren't Enough. It's Time to Fix the Budget.
CNN Money | February 28, 2011 President Obama's budget was such a tremendous letdown and a massive punt, I have to wonder if part of the White House's...
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Short-Term CR Looking More Likely
UPDATE 3/1: House passes two-week CR by vote of 335-91. Senate Majority Leader Harry Reid (D-NV) says that the bill will be taken up in the Senate and...
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Spotlight on the States: Florida
This week, our Spotlight on the States series heads down south to beautiful and sunny Florida, a state that has faced its share of budget woes. The...
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‘Line’ Items: Of Brinkmanship and Statesmanship Edition
Shutting Down Versus Sitting Down – Congress returns to Washington this week after lawmakers spent last week back home. Just before leaving town the...