Latest
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Op-Ed: National debt: The ugly facts
Read moreCNN Money | January 17, 2011 The facts are ugly. The federal debt, which has averaged less than 40% of the total economy, now represents more than 60%...
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Bruce Reed Named as Biden's Chief of Staff
Read moreToday, Vice President Joe Biden announced that Bruce Reed will be his next chief of staff. Bruce served as Executive Director of the President's...
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Taxpayers for Common Sense Proposes Budget Cuts
Read moreThe independent, non-partisan policy group Taxpayers for Common Sense (TCS) released their recommendations for how to reduce the deficit. They...
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Eichengreen Warns U.S. over Budget Mismanagement
Read moreEconomist Barry Eichengreen warned the U.S. over at VoxEU about the consequences of "economic mismanagement"--essentially, not taking steps to address...
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FI$CYs Generate Some Discussion...
Read moreAs a member of the awards committee for the Fiscys, we have been taking some hits (see Krugman here, Ezra Klein here, and Grep Ip here) for presenting...
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Rep. Brady Introduces CUTS Act of 2011
Read moreCongressman Kevin Brady (R-TX) has introduced legislation called the Cut Unsustainable and Top-Heavy Spending (CUTS) Act of 2011. It includes numerous...
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David Walker: Congress Needs to Get Serious About Fixing Finances
Read moreIn a recent Roll Call Op-Ed, CRFB Board Member David Walker urges lawmakers to make bold fiscal policy steps to reduce the deficit. Walker challenges...
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Fed Pays Record $78.4B to Treasury from Interest on Risky Assets
Read moreYesterday the Federal Reserve announced it would be paying a record $78.4 billion to the U.S. Treasury for 2010. It accumulated this large sum from...
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Wall Street Banks Cut Holdings of U.S. Debt
Read moreWall Street banks have been drastically cutting their holdings of U.S. Treasuries, according to Bloomberg News. According to most analysts, this is a...
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CNN Money Exclusive: Why GOP Agenda Could Make Debt Worse
Read moreIn her latest commentary on CNN Money, CRFB President Maya MacGuineas says that despite the rhetoric on reducing the deficit, some of the high-profile...
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Goolsbee Hints at Fiscal Focus in President's Budget
Read moreOn Friday, Austan Goolsbee, the Chairman of the President's Council of Economic Advisors, gave some preliminary remarks on the Administration's...
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MY VIEW: Gene Steuerle January 2011
Read moreWhat do you pay in Medicare taxes? And what Medicare benefits can you expect? This issue—potent now that the first baby boomers are turning 65—was...