Budget Process

Last week the Economist published an article entitled America's debt ceiling: The mother of all tail risks. This article explains what could happen if...

Despite House Majority Leader Eric Cantor’s (R-VA) decision yesterday to withdraw from the Biden-led negotiations to avoid default, there is still...

Except in Miami – The Miami Heat weren’t hot enough, but Washington saw record temperatures last week. Capitol Hill may warm things up this week as...

In the last few weeks there has been an incredible amount of talk about using targets, triggers, caps, and failsafes to help set us on a sustainable...

In an op-ed today in the Washington Post, CRFB board members Erskine Bowles and Senator Alan Simpson argue that the Gang of Six -- despite hitting a...

Update: Check out our release on these "commonalities" here. As Vice President Biden and several members of Congress continue working toward a...

Crunch Time – The playoffs are well underway in the NBA and NHL. A playoff atmosphere is also brewing in Washington even though the home teams are not...

No Deficit of Talk – At least there no longer is a deficit of discussion when it comes to our fiscal situation. House Speaker John Boehner (R-OH) gave...

According to a recent article in Politico, Speaker of the House John Boehner will call for spending cuts that are "greater than the accompanying...

Today, Comeback America Initiative founder and CEO Dave Walker (former U.S. comptroller general) and Concord Coalition executive director Bob Bixby...

Bumping Up on the Debt Ceiling – On Monday, Treasury Secretary Tim Geithner sent a letter to congressional leaders saying that his department this...