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State of the Union Preview -- A Holiday Gift?
With the holiday season in full force, the White House made some news in announcing on Twitter that the President will focus on the federal budget and...
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2010 Financial Report of the U.S. Government
The Treasury Department released Tuesday its annual Financial Report of the U.S Government. The report highlights the nation's budget deficit, net...
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The Government is Funded...until March 4th
On Tuesday the Senate passed a Continuing Resolution (CR) keeping the federal government funded until March 4; the House is expected to pass it later...
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Chambliss and Warner: The New Debt Reduction Dream Team
This morning, Senators Saxby Chambliss (R-GA) and Mark Warner (D-VA) announced that they will introduce as legislation the Fiscal Commission’s...
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Updated: CRFB's Table Comparing Deficit Reduction Plans
Over the past few weeks, several other think tanks, lawmakers, and experts have proposed their own plans for deficit reduction. We've update our...
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‘Line’ Items: Happy Holidays Edition
Deck the Halls with Bills of Folly – On Friday President Obama signed the $858 billion tax cut package that Congress passed earlier in the week...
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CRFB Launches "Fiscal Gold Star" Awards! First Winner Goes to Senator Coburn
With a real lack of fiscal sanity running around Washington lately, it's truly refreshing and encouraging to see someone break from party lines...
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MARKETWATCH: December 13– December 16, 2010
Nearing the end of the week, markets are still wrestling with the same cross-currents they faced last week, but with a new wrinkle - Spain. The growth...
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Omnibus or CR: Sausage Making at its Wurst
An old cliche says that there are two things you should not watch being made--sausage and legislation. But right now, people should be watching the...
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Taxing Time for Fiscal Sanity
Update 12/17: The House approved of the tax cut package late Thursday on a 277-148 vote. The bill now goes to the White House for the president's...
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Senator Coburn Offers Amendment to Offset Some of the Tax Deal
Update: The Senate passed the tax cut legislation on a 81-19 vote. It now moves to the House, which may act Wednesday or Thursday. With the Senate...
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Amid Fiscal Frustration, Some Signs for Hope
The Senate is poised to pass a tax cut package that will add over $850 billion to our deficit. Meanwhile, a pork-laden $1.108 trillion omnibus...