UPDATE: Stan Collender thinks we might be making ice mountains out of snow hills. According to a number of news reports, President Obama has begun...

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...

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...

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...

Last Friday, we blogged on new information from the Bureau of Labor Statistics reporting the astonishingly high monthly unemployment rate for October...

On Friday, the President signed into law a bill to extend several notable provisions under February's American Recovery and Reinvestment Act. The bill...

Maya MacGuineas, President of the Committee for a Responsible Federal Budget, will testify today before the Senate Budget Committee on proposals to...

President of the Committee for a Responsible Federal Budget, Maya MacGuineas, testified before the Senate Budget Committee on proposals to form a...

Yesterday, the Treasury announced that the Capital Assistance Program (CAP), one of TARP’s several programs, will close, having made no investments...

On Friday evening, the FDIC reported that it has taken over an additional five banks ( United Commercial Bank, Gateway Bank of St. Louis, Propseran...

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...