Latest
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US Budget Watch Releases Paper Comparing Health Care Reform Plans
Read moreToday, US Budget Watch released a new paper, Comparing Health Care Plans: A Guide to Health Care Reform Proposals, highlighting the ten-year costs and...
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One More FDIC Bank Closing
Read moreOn Friday evening, the FDIC reported that it has taken over an additional bank ( Georgian Bank) for a cost to the FDIC of around $892 million. This...
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Finance Committee to Continue Work on Health Bill Next Week
Read moreThis has been a big week in the Senate Finance Committee regarding work on the health care reform bill. The Committee endued many all-day sessions...
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More Pandering to Seniors
Read moreYesterday, the House voted 406-18 to prevent an 8 percent increase in Medicare premiums for 11 millions seniors, many of whom are well-off. At a time...
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People Pay Taxes
Read moreThe simple truism that tax professors try to teach, and politicians try to ignore, is that people pay taxes. All taxes are passed onto people in one...
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Elmendorf Explains Dismal Fiscal Picture to Economists
Read moreUPDATE: Read Elmendorf's take on his talk . Today, several of us at the CRFB staff attended a National Economists Club lunch with Congressional Budget...
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GAO Report Says AIG Bailout Repayment Remains Unclear
Read moreThe Government Accountability Office (GAO) recently issued a report (congrats to Andrew Samwick for pointing this out) on the status of government...
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The G-20 Summit and Beyond
Read moreAs the G-20 Summit gets underway in Pittsburgh, what should we hope to hear from the G-20 leaders? That they are prepared to continue supporting...
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Chairman's Mark of Finance Committee Bill, and Proposed Amendments
Read moreToday, the Senate Finance Committee is continuing to mark-up the Committee’s health care reform bill. In total, the Committee is considering 564...
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Fed's Monetary Policy Committee Sees Improvement; Policies Stay Unchanged
Read moreFollowing its two day meeting yesterday and today, the Fed’s monetary policy setting body (the Federal Open Market Committee or FOMC) released its...
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A Gimmick We Like
Read moreWe spend a lot of time warning about budget gimmicks. But OMB’s new contest for federal employees to submit ideas for how the government can save...