Committee for a Responsible Federal Budget

Department of the Treasury

US

The Federal Financial Statement Transparency Act of 2014

Congressman Jim Renacci (R-OH) introduced the The Federal Financial Statement Transparency Act of 2014 today. This legislation would make major...

One-Month T-Bill Shows Market Skittishness

As we continue to approach the October 17 deadline when the Treasury Department estimates that extraordinary measures will be exhausted, leaving...

GAO: The Debt Limit Fight Cost the Treasury $1.3 Billion

With the debt ceiling projected to come back in play sometime in December or January, it is helpful to be reminded of the cost of the last debt...
Jun 1, 2011 | Blog Paper Press Release | Taxes

Between the ‘Line’s: Feeling the Heat, Coming Clean, and Disaster Dilemma

Feeling the Heat – As most of us return to work this week nursing sunburns and swapping stories of grilling glory, the heat is on in Washington...

Treasury Begins Extraordinary Measures

Update 5/16: Today, Treasury has reached the legal limit on how much debt it can issue at $14.294 trillion. Beginning today, the Treasury is...

Between the ‘Line’s: Limits, Meetings, Triggers, and Cloture

Bumping Up on the Debt Ceiling – On Monday, Treasury Secretary Tim Geithner sent a letter to congressional leaders saying that his department...
Mar 14, 2011 | Blog Paper Press Release | Taxes

‘Line’ Items: Brackets and Budgets Edition

Brackets – As many busy themselves today going over the brackets for the big tourney, picking the next Cinderella and who will win it all, the...

Good News, Taxpayers!

Last month, we reported the positive developments that were happening with the major players--GM, Citigroup, and AIG--still left in the Troubled...

Wall Street Banks Cut Holdings of U.S. Debt

Wall Street banks have been drastically cutting their holdings of U.S. Treasuries, according to Bloomberg News. According to most analysts, this is...

Fed Pays Record $78.4B to Treasury from Interest on Risky Assets

Yesterday the Federal Reserve announced it would be paying a record $78.4 billion to the U.S. Treasury for 2010. It accumulated this large sum...

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