Budgets & Projections

Shooting Puts Legislative Business on Hold – The shooting of Congresswoman Gabrielle Giffords and 19 others in Tucson, Arizona has resulted in House...

The Senate Budget Committee heard testimony today from Ben Bernanke, chairman of the Federal Reserve. Opening remarks were made by committee chairman...

There has been an increasing amount of talk this week concerning calls for repeal of the health care reform legislation, as the 112th Congress...

In the Pledge to America released this past fall, House Republicans called for "[rolling] back government spending to pre-stimulus, prebailout levels...

The Treasury Department released Tuesday its annual Financial Report of the U.S Government. The report highlights the nation's budget deficit, net...

On Tuesday the Senate passed a Continuing Resolution (CR) keeping the federal government funded until March 4; the House is expected to pass it later...

This morning, Senators Saxby Chambliss (R-GA) and Mark Warner (D-VA) announced that they will introduce as legislation the Fiscal Commission’s...

Over the past few weeks, several other think tanks, lawmakers, and experts have proposed their own plans for deficit reduction. We've update our...

Deck the Halls with Bills of Folly – On Friday President Obama signed the $858 billion tax cut package that Congress passed earlier in the week...

An old cliche says that there are two things you should not watch being made--sausage and legislation. But right now, people should be watching the...

Update 12/17: The House approved of the tax cut package late Thursday on a 277-148 vote. The bill now goes to the White House for the president's...