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...

The Senate Budget Committee held a hearing on tax reform this morning, featuring testimony from four witnesses who all unequivocally called for...

Today the Senate Budget Committee, led by chairman Kent Conrad (D-ND) and ranking member Jeff Sessions (R-AL), held a hearing on The Budget and...

Another bipartisan group of Senators is introducing legislation to promote fiscal reform. Recently we saw Senators Jeanne Shaheen (D-NH) and Johnny...

CRFB would like to congratulate Trudy Givens of Portage, Wisconsin - the 2010 SAVE Award winner! The SAVE Awards are given annually to a federal...

Late last week, Senators Johnny Isakson (R-GA) and Jeanne Shaheen (D-NH) introduced legislation to revamp our budgeting process from an annual to a...

Game On – The Super Bowl in Texas won’t be until Sunday, but Washington had its own big game last week as President Obama gave his State of the Union...

In yesterday's Budget and Economic Outlook, CBO shows that Social Security will run deficits each year over the coming decade, depleting $547 billion...

In what is sure to be a wake-up call for the Japanese government, Standard & Poor’s cut Japan’s credit rating today for the first time in nine years...

Senator Kent Conrad (D-ND), chairman of the Senate Budget Committee, is calling for swift and decisive action to address our worsening fiscal problems...

Senator Rand Paul (R-KY) released his plan for cutting federal spending earlier this week in the latest in a wave of Republican spending cut proposals...

Continuing our "Spotlight on the States" series, which takes a look at state-level fiscal issues around the country, the Bottom Line turns to the...