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Five Steps to Cut the National Debt
Read moreSphere | Dec. 10, 2009 Earlier this week, lawmakers confirmed that they will increase the national debt ceiling by as much as $1.8 trillion – raising...
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Follow the House's Lead: Pay for the Extenders
Read moreYesterday, 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
Read moreThe 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
Read moreOn 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
Read moreSenate 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
Read moreThe 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
Read moreThere’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?
Read moreThere'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
Read moreHow 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
Read moreThis 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
Read moreToday, 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?
Read moreIn 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...