Latest
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Plenty of 'Hues and Cries' Here
In an article today from Huffington Post, Hue and Cry, Former South Carolina Senator Fritz Hollings takes aim at organizations, experts, and...
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R We Having a U Shaped Recovery ?
On April 30, the Bureau of Economic Analysis released its first estimate of first quarter real GDP. Typically, the first estimate is revised a lot in...
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'It May Be a Predictable Crisis But It's Not a Necessary One'
Yesterday the Peterson Foundation hosted the Fiscal Summit: America's Crisis and a Way Forward, convening an all-star line-up of fiscal, economic, and...
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Blue Dog Demands May Hinder House Budget Resolution
The Blue Dog coalition is pushing for further spending cuts beyond what is in the President’s and Senate’s budget proposals.
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Ryan Joins Announcement Effect Club, and Rubin Comes So Close
At yesterday's Peter G. Peterson Foundation Fiscal Summit, the Announcement Effect Club saw its membership bump up, yet again. During the second panel...
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Improper Payments Are a Start--But Cuts Must Go Deeper
In an OMBlog today, OMB director Peter Orszag applauded the House's passage of the Improper Payments Elimination and Recovery Act. Improper payments...
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Paying for AMT Patches Can Take Many Forms
Last week the Chairman of the Senate Budget Committee, Kent Conrad (D-ND), released his Democratic budget plan (see our analysis of the Chairman’s...
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'The Most Predictable Economic Crisis We've Ever Had'
Concluding earlier this afternoon, the inaugural meeting of the President's National Commission on Fiscal Responsibility and Reform laid the...
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Debt Downgrade for Greece (and Portugal)
In previous blogs, we have discussed how the three credit rating agencies have hinted that the United States needs to get its debt under control (see...
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Webcast: Debt Commission Kicks Off First Meeting
The President's National Commission on Fiscal Responsibility and Reform kicks off today with its first meeting to discuss the country's long-term...
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Obama Signs Up for the Spending Challenge
Last week, the President said “my first priority is to figure out how can we reduce wasteful spending so that, you know, we have a baseline of the...