PAYGO & CUTGO

The Senate Budget Committee yesterday approved of a fiscal year 2011 budget proposal by a largely party line 12-10 vote, setting up a heated floor...

Congress Extends Unemployment Benefits, Along With the Deficit – Last week Congress extended expanded unemployment benefits, COBRA subsidies, the...

Congress this week demonstrated once again that members aren’t yet willing to embrace the new era of fiscal responsibility that was supposed to start...

In order to help address its debt crisis, the country of Greece has set up a " solidarity account" to which people can donate money to help pay down...

The Hill reports that Senator Tom Coburn (R-OK) has promised to block all future spending bills that are not fully “paid for.” He currently is leading...

The Senate has just approved, by a 62-36 vote, HR 4213, which extends unemployment compensation and COBRA benefits for the unemployed, along with many...

The CBO released an updated cost estimate* of the Senate jobs bill yesterday. This larger bill calls for further increased funding for unemployment...

Highway to Nowhere – Sen. Jim Bunning (R-KY) has blocked a vote on temporarily extending unemployment and COBRA benefits, the Medicare “doc fix” as...

Today, Senate Majority leader Harry Reid introduced a second jobs bill, following the first $16 billion jobs bill (-$1.1 billion 11-year deficit...

Commission Coming – The White House says President Obama will create a fiscal commission by executive order within days. Meanwhile, Republicans still...

Although our initial analysis of the President's Budget focused on his ten-year budget plan, the Budget itself includes much, much more. Nestled in...

The Blue Dog Democrats, fresh off of attaining long-sought statutory PAYGO rules, are now setting their sights on capping discretionary spending. They...