Latest
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House Set to Pass New Rules
Last night, the House Republican conference approved a new set of rules -- making some big changes to several budgetary rules currently in place. The...
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So, How Much Would Republicans Cut Spending?
In the Pledge to America released this past fall, House Republicans called for "[rolling] back government spending to pre-stimulus, prebailout levels...
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Senator Coburn Joins the Announcement Effect Club
Over the holiday break, Senator Tom Coburn (R-OK) gave an interview on Fox News that qualified him to be the newest member of the Announcement Effect...
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2011 the Year of the Rabbit? Let's Hope It's the Year of a Fiscal Plan
Happy New Year, and what a year we've had! In just the last 12 months, we've seen the passage of health care reform legislation that will begin to...
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‘Line’ Items: New Year Edition
Happy New Year – Washington is gearing up for what will be an interesting 2011. President Obama is back to work on Tuesday from his vacation and the...
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House Republicans Propose New Budget Rules
Incoming House Republicans set to take control of the House of Representatives next month have proposed new rules for the 112th Congress. The House...
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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...