OMB
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Record Monthly and Yearly U.S. Deficit
Read moreAugust 18 - According to Bloomberg, last month's budget deficit hit a record $180.7 billion, higher than any month in U.S. history. Spending in July...
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Administration Urges Creation of Independent Medicare Advisory Council to Help Control Costs
Read moreJuly 17 - Today OMB Director Orszag urged Speaker Pelosi to support a Base Realignment And Closure-like (BRAC) process for reviewing Medicare changes...
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Understanding the President’s PAYGO Proposal
Read moreYesterday, President Obama announced his support for enacting statutory pay-as-you-go (PAYGO). Under the President's proposal, OMB would maintain a...