Senate
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Finally, We Have a Budget for This Year
Read moreThe House and Senate today approved of legislation funding the federal government for the rest of the fiscal year, ratifying the agreement reached...
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Sens. Wyden and Coats Introduce Tax Reform Legislation
Read moreToday, Senators Ron Wyden (D-OR) and Dan Coats (R-IN) introduced bipartisan legislation to comprehensively reform the existing U.S. tax system in a...
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The Unlikely Fiscal Pair
Read moreIf the current budget drama in Washington ever becomes the stuff of a feature film--yes, a real stretch, but we've seen worse from Hollywood--maybe it...
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64 Senators Call On President Obama to Lead on Deficit and Engage in Broader Discussion
Read moreToday, a bipartisan group of 64 Senators sent a letter to President Obama urging him to show leadership on reducing the federal deficit and to take a...
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23 Senate Republicans Urge Obama to Address Deficit
Read moreYesterday, a group of 23 Republican Senators sent a letter to President Obama stating that any further increases in the debt limit should be...
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Budget Process Reform Gets Attention on Capitol Hill
Read moreEveryone can recognize that the budget process is broken, but unfortunately not much has been done so far to fix it. Work such as the Peterson-Pew...
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‘Line’ Items: Brackets and Budgets Edition
Read moreBrackets – As many busy themselves today going over the brackets for the big tourney, picking the next Cinderella and who will win it all, the real...
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Senator Sanders Proposes Revenue Increases to Address the Deficit
Read moreUpdated : Representative Jan Schakowsky (D-IL), formerly of the President's Fiscal Commission, has introduced similar legislation in the House. Sen...
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A Tale of Two Spending Bills
Read moreIt was the best of times, it was the worst of times? Let's just go with the worst of times. In a mostly symbolic vote, the Senate failed to adopt...
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Congressional Hearing on Fiscal Commission Plan and Launch Event of the Moment of Truth Project
Read moreTwo important events are lined up for today. First, the Senate Budget Committee will hear testimony from Erskine Bowles and Senator Alan Simpson, co...
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‘Line’ Items: Stopgaps, Limits, Higher Powers and the Moment of Truth
Read moreLots of Stopgaps, Little in Closing the Fiscal Gap – Washington averted a government shutdown last week by agreeing on a two-week continuing...
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Lawmakers Avert Government Shut-Down, But Challenges Still Remain
Read moreIn a vote of 91 to 9, the Senate has passed the House-crafted two-week continuing resolution (CR) to keep government doors open. Yesterday, this bill...