House of Representatives
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Fiscal Policy, Monetary Policy, or Something in Between?
Read moreYesterday, Donald Marron asked the question: " How Blurry is the Line between Monetary and Fiscal Policy?" As our readers know, we have been tracking...
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Follow the Yellow Brick Road
Read moreWe at CRFB believe in the Wizard of Oz theory of deficit reduction. Passing the right package of spending cuts and tax increases requires a brain – so...
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Wolf Airs Concerns on Fiscal Commission
Read moreIn a publicly released letter to the co-chairs of President Obama’s fiscal commission, Rep. Frank Wolf (R-VA) warned of the “deep and downward slide”...
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‘Line’ Items: Recess and Rescissions
Read moreLots of Assignments Due After Recess – Lawmakers are home this week for the Memorial Day recess. When they come back next week they will have a lot of...
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House Passes Extensions, But Senate Will Wait Until After Recess
Read moreThe House today passed a one-year extension of various tax breaks as well as expanded unemployment benefits until November on a 215-204 vote. In a...
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Up-Hill Drive for Spending Bills, But No Gas in the Tank for Paying for Them
Read moreTwo massive spending bills that congressional leaders wanted to dispose of before hitting the road for Memorial Day have hit potholes as lawmakers...
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Safety Net and Tax Extender Proposals Are Still Not Paid For
Read moreCBO and JCT have released updated cost estimates of the most recent version of the American Jobs and Closing Tax Loopholes Act (H.R. 4213), a bill...
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‘Line’ Items: Getting Out of Town Edition
Read moreHeavy Congressional Workload Before Break – Congress has a busy week ahead before it leaves town for next week’s Memorial Day recess. Lawmakers want...
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‘Line’ Items: Deeming, Dreaming, Votes and Quotes
Read moreLittle Resolve for Budget Resolution – Leaders in the House have yet to make a final decision on moving forward with a FY2011 budget resolution. But...
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‘Line’ Items: Greek Tragedy Edition
Read moreFrom Sophisticated to Sophocles – The untangling of the complex web of financial manipulation and deceit arising from the “hidden debts” controversy...
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‘Line’ Items: Derby Edition
Read moreSuper Saver Cashes In – Those who couldn’t resist the irony of betting it all on a horse named Super Saver were rewarded handsomely on Saturday as the...
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Blue Dog Demands May Hinder House Budget Resolution
Read moreThe Blue Dog coalition is pushing for further spending cuts beyond what is in the President’s and Senate’s budget proposals.