Blog

Talking Turkey – Congress takes a break this week for Thanksgiving. Lawmakers can be thankful for the brief respite, but the time is quickly coming...

The Economist joined the Announcement Effect Club last week in an article calling for leadership on the deficit. Following many other plans put out...

Of particular interest for us, Fed Chairman Bernanke noted the following in his speech today on “Rebalancing the Global Economy” at the European...

The Senate late Thursday passed another short-term “doc fix” that spares physicians from a 23 percent Medicare payment reduction through the...

Good news on the domestic front breathed some life into the Dow this week. The new (and, it appears, improved) General Motors came to market to shed...

Ireland, under attack by financial markets for its economic, financial and fiscal problems, may be getting assistance from the international community...

Many of the recent debt reduction plans—including, the fiscal commission's Co-Chairs' recent proposal, the Galston-MacGuineas plan, and the Debt...

For about a week now, we've been telling critics of the Co-Chairs' Plan to throw ideas, not stones. So, good for Jan Schakowsky. Rep. Schakowsky (D-IL...

The drumbeat for action to reduce our long-term debt continues. Today the Debt Reduction Task Force of the Bipartisan Policy Center issued its...

CRFB co-chair Bill Frenzel says "three cheers for Bowles and Simpson" as he and fellow Brookings experts talk about reducing the federal budget...

Earmarks have long been a favorite bogeyman here in D.C. – as examples of wasteful government spending and back-door deal making. The recent election...

Most of the attention in the debate to extend the 2001/2003 tax cuts has centered around the income tax, but a closer inspection of the provisions...