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House Passes Statutory PAYGO
Today, the House of Representatives passed statutory pay-as-you-go (PAYGO) legislation, which would require that all new mandatory spending and tax...
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Wake Up, America! We Need a Fiscal Recovery Plan
Roll Call | July 22, 2009 With all the exhausting economic challenges America faces today, we all might be inclined to put the alarm clock on snooze...
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CRFB Releases "Health Care and the Federal Budget"
July 21 - Today the Committee for a Responsible Federal Budget released " Health Care and the Federal Budget," which looks at the state of the U.S...
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Fed Chairman Bernanke Reports to Congress
July 21 - Federal Reserve Board Chairman presented his twice a year monetary policy testimony and the Fed's semi-annual monetary policy report to...
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CBO Estimates House Health Care Bill
July 18 - Yesterday, the CBO released preliminary cost estimates for the House Tri-Committee health care reform bill. According to the CBO, the bill...
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Administration Urges Creation of Independent Medicare Advisory Council to Help Control Costs
July 17 - Today OMB Director Orszag urged Speaker Pelosi to support a Base Realignment And Closure-like (BRAC) process for reviewing Medicare changes...
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NEC Director Summers at Peterson Institute
July 17 - President Obama's chief economic adviser Lawrence Summers spoke today to the Peterson Institute for International Economics on "Rescuing and...
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Cross Currents in the Economy and Financial System
July 16 - Cross currents in the U.S. economy are particularly evident today and illustrate why it is so difficult to figure out where the economy is...
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Staff Working Paper #7: Budgeting for the Long-Term
With the retirement of the baby boom generation drawing closer, concerns about the sustainability of current policies have become critical elements of...