Economic Recovery Measures
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CBO/JCT Reports Roundup
Read moreA number of very interesting and relevant government reports came out this week. Check them out: JCT: Technical Explanation Of The Revenue Provisions... -
Fed Begins Making Reverse Repurchase Agreements
Read moreThis week, the New York Federal Reserve announced the beginning of a new Reverse Repurchase Agreement Program to reduce some of the liquidity in... -
Senate Approves Safety Net and Tax Break Extensions
Read moreThe Senate has just approved, by a 62-36 vote, HR 4213, which extends unemployment compensation and COBRA benefits for the unemployed, along with many... -
Four More FDIC Bank Closings
Read moreOn Friday evening, the FDIC reported that it has taken over an additional four banks ( Centennial Bank, Waterfield Bank, Bank of Illinois, Sun... -
Weekend Editorial Roundup
Read moreHere are the highlights from this weekend’s editorials on fiscal and budget policy: The New York Times called on Congress to do more to create jobs... -
‘Line’ Items: Oscars Edition
Read moreTemporary Tax Extensions Avoid “The Hurt Locker” – The Senate passed H.R. 4691, a 30-day extension of several expired tax breaks and unemployment and... -
Don't Circumvent PAYGO on Jobs Bill
Read moreThe CBO released an updated cost estimate* of the Senate jobs bill yesterday. This larger bill calls for further increased funding for unemployment... -
Fed Purchases of Fannie/Freddie Assets Pass $1 Trillion Mark
Read moreFor the first time since it began purchasing mortgage-backed securities, the Fed's holdings of federal agency MBS's passed the $1 trillion mark last... -
‘Line’ Items: A Lonely Road, Paying for Jobs
Read moreHighway to Nowhere – Sen. Jim Bunning (R-KY) has blocked a vote on temporarily extending unemployment and COBRA benefits, the Medicare “doc fix” as... -
Weekend Editorial Roundup
Read moreHere are the highlights from this weekend’s editorials on fiscal and budget policy: The New York Times chided Jim Bunning for holding up a bill that... -
Bunning is Right on Unemployment: “We Should Pay For It”
Read moreLast night, Senator Jim Bunning blocked an effort to pass a one-month “extenders” bill by unanimous consent. The bill includes temporary extensions of... -
CBO/JCT Reports Roundup
Read moreA number of very interesting and relevant government reports came out the week of February 22, 2010.