Latest
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Bipartisan Senate Support for Enhanced Presidential Rescission Authority
Senators John McCain (R-AZ) and Thomas Carper (D-DE) have joined efforts in yet another bipartisan pairing, this time to enable enhanced rescission...
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CNN Money Exclusive: No Excuses on the Debt, Mr. Obama
In her latest commentary on CNN money, CRFB president Maya MacGuineas calls on President Obama to stop making excuses and get serious about developing...
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OMB Director in New York Times: "The Easy Cuts Are Behind Us"
OMB Director Jack Lew previewed President Obama’s FY2012 budget in an op-ed published in Sunday’s New York Times. The title of the piece, "The Easy...
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Spotlight on the States: New York
This week, our Spotlight on the States series takes us to New York. New York faces an estimated budget deficit of $10 billion. Due to slower-than...
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‘Line’ Items: Play On Edition
Budget Season Ramping Up – Football season may have ended last night, but budget season is just heating up. Lawmakers have introduced a plethora of...
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Erskine Bowles and Alan Simpson on CNBC
This morning the two co-chairs of the President's National Commission on Fiscal Responsibility and Reform were guests on CNBC's The Call. Erskine...
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House and Senate to Have Serious Debate Over Spending
With the House Appropriations Committee releasing their spending allocations for each subcommittee yesterday, it is useful to examine what the Senate...
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MarketWatch: January 31 - February 4, 2011
Markets in the U.S. and elsewhere have focused on signs that the U.S. economy continues to recover, although still at a very gradual pace. January’s...
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Balanced Budget Amendment Debate Gets Serious
The debate over a Constitutional balanced-budget amendment has been going on in Washington for quite some time. However, the current fiscal...
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Bernanke Discusses Fiscal Policy at National Press Club
Federal Reserve Chairman Ben Bernanke delivered a speech today at the National Press Club that once again called attention to our growing deficits and...
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Paul Ryan Sets Spending Levels for FY 2011
Earlier today, Rep. Paul Ryan (R-WI), the chair of the House Budget Committee, unveiled new levels for discretionary spending for the remainder of FY...