Latest
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The House GOP “Pledge to America”
Today the Republican caucus of the House of Representatives released an agenda-setting document as a part of its strategy to take control of the House...
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A Thousand Cuts...
The Center for American Progress released a paper yesterday titled " A Thousand Cuts." The paper aims to show how deep policymakers would have to cut...
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What Would It Look Like If the U.S. Adopted Britain's New Budget?
The remarkable level of austerity proposed in Britain’s new emergency budget made news around the world (see our earlier blog for details) as, in the...
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Center for American Progress Details What Spending Cuts Could Look Like
Attemping to show how deep policymakers would have to cut spending to reduce the deficit to primary balance in 2015, the Center for American Progress...
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The Fed Widens the Easing Door
Today, the Fed widened the door further toward easing monetary policy (presumably in the form of additional quantitative easing). The Fed's shift...
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NBER Announces Official End of Recession
Today, the National Bureau of Economic Research announced in a statement that the recession that began in December of 2007 had ended in June of 2009...
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Putting the Tax Cuts in Perspective
With Congress back in session, the mid-term election right around the corner, and a looming expiration, the debate of the 2001-2003 tax cuts is...
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‘Line’ Items: Fall Edition
Falling Into Pieces – Fall officially begins this week. A short congressional calendar and the quickly-approaching elections mean that the legislative...
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Lew: 'We Must Put Our Nation Back on a Sustainable Fiscal Course'
Yesterday, the Senate Budget Committee held a hearing on Jacob Lew’s nomination as the new head of the Office of Management and Budget, where he...
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MARKETWATCH: September 13 - 17, 2010
Action this week has been in the stock and currency markets. “Stocks are on a September roll” ( Wall Street Journal), as the US growth play continues...
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Congratulations to Bill Frenzel and Jim Kolbe
Today, the White House announced its intent to appoint CFRB Board Member Jim Kolbe and CFRB Co-Chair Bill Frenzel to the Advisory Committee for Trade...
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A Not So Happy Anniversary
Nobody's breaking out the champagne for this anniversary. On this day two years ago, the collapse of Lehman Brothers turned an already bad-looking...