Latest
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Follow the House's Lead: Pay for the Extenders
Yesterday, the House passed a $31 billion “tax extenders” bill to renew a number of tax rates for another year. The last minute passage of this...
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Op-Ed: Congress' Bad Record of Passing Appropriations Bills Shows Need for Budget Process Reform
The Hill | Dec. 10, 2009 In the next few days, the House and Senate will engage in their usual end-of-year dance and vote on two massive omnibus...
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Troubled Asset Relief Program: Year-End Review
On December 9, Secretary Geithner requested that TARP be renewed through October 3, 2010. Having spent a net of $386 billion, the $700 billion program...
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Bipartisan Budget Commission Proposed
Senate Budget Committee chairman Kent Conrad (D-ND) and ranking Republican Judd Gregg (R-NH) today introduced legislation to create an 18 member...
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CRFB Supports Fiscal Task Force
The Committee for a Responsible Federal Budget commends Senators Kent Conrad (D-ND) and Judd Gregg (R-NH) on their proposal - released today - to...
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Dealing with Debt
There’s a reason India Times just picked up David Lightman’s story “Rising debt threatens to derail Congress on just about everything.” The world...
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Fiscal Recovery Plan in the FY 2011 Budget?
There's an intriguing passage in the White House press release on President Obama's stimulus speech at Brookings yesterday: " An overall approach to...
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Fed Exit Strategy: Reverse Repos
How and when the Fed will unwind the massive amounts of liquidity it has provided to shore up the financial system and economy? Will the Fed be able...
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In Support of Cost Control
This morning, eleven freshman Senators introduced a series of health care reform amendments which they call the Value and Innovation Package (thanks...
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Obama Puts Forth Jobs Plan
Today, in a speech at the Brookings Institution, President Obama outlined a strategy designed to accelerate job growth. In particular, he outlined...
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TARP: Offset or Gimmick?
In his speech today, President Obama proposed reducing the amount of money available in the TARP fund to pay for the new stimulus measure. When TARP...
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The Grassroots Talk Fiscal Stewardship
Citizens from across the country had a message yesterday for lawmakers: we are working together to solve our fiscal challenges, why can’t you? At a...