From Greg Mankiw: Imagine you have a friend who has a budget problem. Every month he spends more than he earns. His credit card bills are piling up...

The Senate has just approved, by a 62-36 vote, HR 4213, which extends unemployment compensation and COBRA benefits for the unemployed, along with many...

On Tuesday, March 9, the New York Times reported about how state and local pension funds are changing their investment strategies to improve their...

Here's a good one for you: Using the House legislative calendar as a guide, as of March 10, Congress will have 16 legislative days to enact a budget...

On Friday, the Congressional Budget Office released its Preliminary Analysis of the President’s Budget. (Last week we offered a few graphs and a short...

UPDATE: The Coburn amendment was agreed to on a 100-0 vote. The Senate today will consider a proposal from Senator Tom Coburn (R-OK) to post...

On March 5, the Congressional Budget Office (CBO) gave us a preview of its take on the President’s budget proposals for Fiscal Year 2011 (starting...

In a blog post yesterday, Donald Marron discussed an additional way for governments to ease budget pressures along with traditional spending cuts and...

Along with their analysis of the President's Budget, on Friday, CBO updated its Social Security projections. And as it turns out, the surpluses are...

On Friday evening, the FDIC reported that it has taken over an additional four banks ( Centennial Bank, Waterfield Bank, Bank of Illinois, Sun...

In last week's backgrounder blog post on budget reconciliation, we said that the process has been used 22 times in the past, with the President having...

Here are the highlights from this weekend’s editorials on fiscal and budget policy: The New York Times called on Congress to do more to create jobs...