Latest
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A Scary Thought
The federal debt held by the public, today, is almost $7.5 trillion dollars. That is around 53 percent of gross domestic product (GDP) -- higher than...
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CBO Report Roundup
A number of very interesting and relevant reports have come out of the Congressional Budget Office (CBO) and Joint Committee on Taxation (JCT) the...
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Comparison: Cost of the House Health Care Bill
Today, House Speaker Nancy Pelosi intoduced the latest House health care reform bill, fresh with estimates from the Congressional Budget Office and...
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GMAC Offers $2.9 Billion in Debt
The General Motors Acceptance Corporation (GMAC), previously owned by General Motors, has offered $2.9 billion of three-year bonds in the private debt...
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Homebuyers Credit Will Likely be Extended
The Senate has reached a consensus on the issue of extending the homebuyer’s tax credit, first implemented in the stimulus bill. The tax credit was...
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House Health Bill Numbers Come Out Today
Update: The Congressional Budget Office has put out their amended score of the House health care bill. It can be found here. A summary of the bill can...
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House Health Bill Numbers Should Come Out Today
House Majority Leader Nancy Pelosi will unveil legislation today for the latest House health care reform bill. While the score from the Congressional...
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Cracking Down on Tax Evasion Could Boost Revenue
The Obama administration is looking into offsetting some of the costs of likely tax break extensions by cracking down on international tax evasion...
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CRFB's Marc Goldwein to Speak at YP Nation Event Tonight
Tonight, Marc Goldwein, Policy Director of CRFB and Senior Policy Analyst in the Fiscal Policy Program at New America Foundation, will be speaking at...
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CBO Delivers Cost Estimate for Physician Payment Updates
Yesterday the CBO delivered a cost estimate for instituting permanent Medicare physician payment updates by repealing the sustainable growth rate (SGR...
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Romer on Health Care Reform and the Budget Deficit
Yesterday, Council of Economic Advisers Chair Christina Romer spoke at the Center for American Progress on Health Care Reform and the Budget Deficit...
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Over 100 Banks Closed in 2009
On Friday evening, the FDIC reported that it has taken over an additional seven banks ( First DuPage Bank, Riverview Community Bank, Bank of Elmwood...