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Pimco Eliminates Government Debt Holdings and Spain Gets Downgraded
PIMCO founder Bill Gross - the managing director of the world's largest bond fund - made headlines today when it was reported that he eliminated all...
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A Tale of Two Spending Bills
It was the best of times, it was the worst of times? Let's just go with the worst of times. In a mostly symbolic vote, the Senate failed to adopt...
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Bowles and Simpson Launch Moment of Truth Project
In an effort to maintain the momentum created by the President's Fiscal Commission, the commission's co-chairs -- former Sen. Alan Simpson and former...
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Congressional Hearing on Fiscal Commission Plan and Launch Event of the Moment of Truth Project
Two important events are lined up for today. First, the Senate Budget Committee will hear testimony from Erskine Bowles and Senator Alan Simpson, co...
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CNN MONEY EXCLUSIVE: Social Security Needs to be Fixed - So Just Do It
In her latest commentary for CNN Money, CRFB president Maya MacGuineas focuses on the need to reform Social Security. While there has been some...
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Congresswoman Lummis Introduces Bill to Gradually Raise the Retirement Age
CRFB would like to give much praise to Congresswoman Cynthia Lummis (R-WY) for introducing a bill to gradually raise both the Social Security full...
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Op-Ed: Social Security Needs to be Fixed. So Just Do It.
CNN Money | March 7, 2011 If there is one thing we know in "Budgetworld," it's that the largest entitlement programs have to be reformed. Social...
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Spotlight on the States: Wisconsin
Given the recent events in Wisconsin, we decided that the Spotlight on the States series should take a brief trip over to the Badger State. Like the...
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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...