Latest
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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...
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The Liberal Case for Deficit Reduction
Today on Ezra Klein's blog, Derek Thompson (who contributes to a great blog over at The Atlantic) makes the liberal case for deficit reduction. He...
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It's Baaaaaaaaaaack: Simpson-Bowles Is Reappearing
It's an interesting time in the fiscal policy world right now. A lot of uncertainty is up in the air about what will happen with our deficits and debt...
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Pentagon Must Improve Accountability, Demands Coburn
On Monday, Senator Tom Coburn (R-OK) sent a letter to the Chief of Naval Operations calling for the Pentagon to get its finances in order in the face...
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Senate Budget Committee Holds Hearing on Tax Reform
The Senate Budget Committee held a hearing on tax reform this morning, featuring testimony from four witnesses who all unequivocally called for...