On Friday evening, the FDIC reported that it has taken over an additional four banks ( Statewide Bank, Old Southern Bank, The Park Avenue Bank...

On Monday, Moody’s Investor Service released i ts quarterly report (courtesy of Zero Hedge) on government debt held by large countries with the...

Health Care Reform Moves Toward Showdown – The House Budget Committee today voted to push health care legislation forward. It now moves to the House...

A number of very interesting and relevant government reports came out this week. Check them out: JCT: Technical Explanation Of The Revenue Provisions...

Congressional GOP leaders have just named three Senators and three Congressman to sit on the National Commission on Fiscal Responsibility and Reform...

Today a new bipartisan caucus was announced to support passage of H.J. Res.1, a balanced budget constitutional amendment. The co-chairs are...

CRFB has updated its comparisons of the costs of the President's proposed policies -- outlined in the President's FY 2011 Budget -- incorporating new...

Ireland, like other European Union nations including Spain, Portugal, and Greece, risked losing the confidence of its creditors when it did not have a...

Legislation from Senators Jeff Sessions (R-AL) and Claire McCaskill (D-MO) to establish discretionary spending caps may get a third vote this week in...

A month and a half ago, Representative Paul Ryan (R-WI) released his " Roadmap for America's Future," a detailed plan to reform taxes and spending...

This week, the New York Federal Reserve announced the beginning of a new Reverse Repurchase Agreement Program to reduce some of the liquidity in...