Budgets & Projections
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PAYGO Annual Report Shows Glaring Exemptions
Read moreOMB recently released an annual report on PAYGO, showing the budgetary impacts of PAYGO legislation, current policy exemptions, and exemptions for... -
‘Line’ Items: Dreams and Schemes Edition
Read moreCan Dreams of Cooperation be Fulfilled? – Yesterday the nation celebrated the legacy of Dr. Martin Luther King, Jr. His vision of unity and... -
Bruce Reed Named as Biden's Chief of Staff
Read moreToday, Vice President Joe Biden announced that Bruce Reed will be his next chief of staff. Bruce served as Executive Director of the President's... -
Taxpayers for Common Sense Proposes Budget Cuts
Read moreThe independent, non-partisan policy group Taxpayers for Common Sense (TCS) released their recommendations for how to reduce the deficit. They... -
Rep. Brady Introduces CUTS Act of 2011
Read moreCongressman Kevin Brady (R-TX) has introduced legislation called the Cut Unsustainable and Top-Heavy Spending (CUTS) Act of 2011. It includes numerous... -
David Walker: Congress Needs to Get Serious About Fixing Finances
Read moreIn a recent Roll Call Op-Ed, CRFB Board Member David Walker urges lawmakers to make bold fiscal policy steps to reduce the deficit. Walker challenges... -
Fed Pays Record $78.4B to Treasury from Interest on Risky Assets
Read moreYesterday 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 from... -
Wall Street Banks Cut Holdings of U.S. Debt
Read moreWall Street banks have been drastically cutting their holdings of U.S. Treasuries, according to Bloomberg News. According to most analysts, this is a... -
Goolsbee Hints at Fiscal Focus in President's Budget
Read moreOn Friday, Austan Goolsbee, the Chairman of the President's Council of Economic Advisors, gave some preliminary remarks on the Administration's... -
‘Line’ Items: January 10, 2011
Read moreShooting Puts Legislative Business on Hold – The shooting of Congresswoman Gabrielle Giffords and 19 others in Tucson, Arizona has resulted in House... -
Bernanke Talks Debt before Senate Budget Committee
Read moreThe Senate Budget Committee heard testimony today from Ben Bernanke, chairman of the Federal Reserve. Opening remarks were made by committee chairman... -
On Health Reform Repeal
Read moreThere has been an increasing amount of talk this week concerning calls for repeal of the health care reform legislation, as the 112th Congress...