Blog

This afternoon Fitch Ratings lowered the outlook on the United States' credit rating from stable to negative. Fitch, considered one of the "big three"...

Stuffed – The Super Committee talked turkey, but in the end produced no meat. All that got placed before us was the warmed-over stuffing of partisan...

News flash: Congress has a huge checklist to take care of. Many expiring tax provisions need to be dealt with, along with other temporary policies and...

In his New York Times column this morning, Tom Friedman urged the president to “Go Big” to put the country on a “sustainable economic recovery path”...

We talked yesterday about the importance of keeping the trigger, or the automatic sequester of $1.2 trillion in spending cuts, in place in order to...

CRFB board member Rudy Penner recently authored a CNN Money op-ed in which he writes that Congress has delayed the necessary fiscal adjustments for so...

SuperBad – Well, they did it after all. In an amazing feat of utter failure, the so-called Super Committee managed to under-perform the already low...

When Congress raised the debt ceiling in last August’s Budget Control Act (BCA), it mandated at least $1.2 trillion in further savings by 2021, from...

As we said earlier this week, the Super Committee needs to be finding ways to negotiate its way up to larger savings, not working to push savings down...

After an eleventh-hour deal that included a dramatic showdown in April and a minor standoff in September, it's nice to see a continuing resolution...

Today, Senators Mark Kirk (R-IL) and Joe Manchin (D-WV) called for a "Sense of the Senate" resolution pushing for Congress to "Go Big" on deficit...

The Committee for a Responsible Federal Budget and many others have called on the Super Committee to find two or three times its mandated $1.5...