Latest
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Administration Claims Extra TARP Cash Is Deficit Reduction
This morning, a Wall Street Journal article reported that the White House intends to use some of the remaining TARP cash for deficit reduction, while...
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Monthly Treasury Statement Shows $1.417 trillion Final Deficit Number for FY 2009
The Monthly Treasury Statement is out, and states that Fiscal Year 2010 is off to a perilous start. The deficit for the month of October is ringing in...
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Gaps Return to State Budgets
In a recent report from the Center on Budget and Policy Priorities (CBPP), mid-year budget shortfalls, totaling $16 billion or 4 percent of these...
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High Unemployment Numbers Displayed in Interactive Graphics
Last Friday, we blogged on new information from the Bureau of Labor Statistics reporting the astonishingly high monthly unemployment rate for October...
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Bill to Extend Key Stimulus Measures Becomes Law
On Friday, the President signed into law a bill to extend several notable provisions under February's American Recovery and Reinvestment Act. The bill...
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CRFB on Capitol Hill
Maya MacGuineas, President of the Committee for a Responsible Federal Budget, will testify today before the Senate Budget Committee on proposals to...
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Stop Us Before We Spend Again
President of the Committee for a Responsible Federal Budget, Maya MacGuineas, testified before the Senate Budget Committee on proposals to form a...
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Treasury Ends Capital Assistance Program
Yesterday, the Treasury announced that the Capital Assistance Program (CAP), one of TARP’s several programs, will close, having made no investments...
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Five More FDIC Bank Closings
On Friday evening, the FDIC reported that it has taken over an additional five banks ( United Commercial Bank, Gateway Bank of St. Louis, Propseran...
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House Passes Health Reform Legislation Saturday
The House passed health care overhaul legislation on Saturday night by a vote of 220 – 215, with 39 Democrats opposing the bill and one Republican...
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Weekend Editorial Roundup
Here are the highlights from this weekend’s editorials on fiscal and budget policy: The Washington Post criticized the House health care bill because...