House of Representatives
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The Government is Funded...until March 4th
Read moreOn Tuesday the Senate passed a Continuing Resolution (CR) keeping the federal government funded until March 4; the House is expected to pass it later...
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Omnibus or CR: Sausage Making at its Wurst
Read moreAn 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...
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Taxing Time for Fiscal Sanity
Read moreUpdate 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...
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Amid Fiscal Frustration, Some Signs for Hope
Read moreThe Senate is poised to pass a tax cut package that will add over $850 billion to our deficit. Meanwhile, a pork-laden $1.108 trillion omnibus...
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Line Items: Botched Snap Edition
Read moreWashington Drops the Ball – To many federal budget watchers, the tax cut debate has been more frustrating than watching the Redskins play. The...
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Tax Cut Compromise a Costly "Deal"
Read moreThe Senate began debate late Thursday on the tax cut compromise hammered out by some lawmakers and President Obama. The debate began even as House...
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House Passes Hybrid Spending Bill; Year-long Budget Disaster Nears Conclusion
Read moreContinuing its year-long lesson in "How Not To Budget," the House Wednesday passed legislation that would freeze overall Fiscal Year 2011...
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Not Enough Thirst in Congress for Ad Hoc COLA
Read moreToday legislation to provide $250 payments to Social Security recipients in lieu of a cost-of-living adjustment (COLA) failed to garner enough votes...
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Tax Cut Deal Revealed
Read moreIt appears that President Obama and Republican lawmakers have reached a deal to extend the tax cuts enacted from 2001 to 2003. Part of the deal...
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‘Line’ Items: What Now? Edition
Read moreCommission Can’t Quite Commit – The President’s Fiscal Commission was able to produce a fiscal plan last week that garnered a bipartisan majority of...
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Appropriations Update: Will We Get a Spending Plan for Christmas?
Read moreOnce again, Congress earlier this week had to pass a short-term stop-gap spending measure to keep the lights on. The House and Senate passed a...
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Some in Washington Are Working on Deficit Reduction...but Others Aren't
Read moreIn the wake of the release of the Fiscal Commission’s deficit reduction plan, it’s interesting to note the dichotomy between the focus on deficit...