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The Deficit Warnings Keep Coming
In a speech on global imbalances, Fed Chairman Bernanke again warned about the need to put the U.S. on a sustainable fiscal path, saying: "The United...
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Congress Debates Medicare Payment Patches
Update: Debate on this issue got pushed back until today in the Senate. CRFB recently released this press release on the issue : Don't Let Doc Fix Add...
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Evaluating Health Care Plans
Building on Comparing Health Care Plans, this paper goes beyond simply describing the Senate HELP bill, the House Tri-Committee bill, and the amended...
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How the CBO Estimates Cost
UPDATE: Pete Davis and Donald Marron commented on this story and defend the CBO as the best way to estimate cost. Douglas Holtz-Eakin explains that...
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One More FDIC Bank Closing
On Friday evening, the FDIC reported that it has taken over an additional bank ( San Joaquin Bank) for a cost to the FDIC of around $103 million. This...
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US Budget Watch Releases Analysis of Fiscal Implications of Health Care Reform Plans
Today US Budget Watch released "Evaluating Health Care Plans: An Analysis of the Short- and Long-Term Fiscal Implications of Reform Plans." The paper...
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Weekend Editorial Roundup
Here are the highlights from this weekend’s editorials on fiscal and budget policy: In an editorial titled, “ 2.47 trillion dimes,” The Washington...
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A Really Big Deficit
The message from the end of the year deficit number is clear: we must start planning how to get the deficit under control. A $1.4 TRILLION deficit is...
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Meeting Today of President's Economic Recovery Advisory Board
Today PERAB, otherwise known as the Tax Reform Subcommittee of the President's Economic Recovery Advisory Board, is holding a meeting focusing on tax...
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Obama Nominates New Social Security Trustees
Today, the White House nominated Charles Blahous, III and Robert Reischauer. Both have been nominated to fill vacant posts for public trustees on the...
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Say 'Bayh' to the Debt?
This week, Senator Bayh (D-IN) and nine other Democratic senators sent a letter to Senator Harry Reid (D-NV) expressing concern over the size of the U...
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Administration Proposes One-Time Payment to Seniors
Today, the Social Security Administration (SSA) announced that, in light of the deflation experienced over the past year, there will be no COLA for...