Senate
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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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Senator Coburn Offers Amendment to Offset Some of the Tax Deal
Read moreUpdate: The Senate passed the tax cut legislation on a 81-19 vote. It now moves to the House, which may act Wednesday or Thursday. With the Senate...
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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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Coburn's Call to Arms for Tackling the Deficit
Read moreSenator Tom Coburn (R-OK) had some pretty inspiring words on the floor of the Senate the other night. He spoke about that the challenges in front of...
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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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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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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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CRFB Applauds Senators for Supporting Deficit Commission Plan
Read moreUpdate: Senator Dick Durbin (D-IL) has also decided to support the Fiscal Commission's plan, helping to give the recommendations a bipartisan...
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Fiscal Commission Receives a Majority of Votes!
Read moreSenator Richard Durbin (D-IL) has just voted for the Fiscal Commission's final plan. In an op-ed in the Chicago Tribune explaining why he is choosing...
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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...
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'Line' Items: After the Turkey Edition
Read moreWashington Still Has a Full Plate -- Congress returns this week from its Thanksgiving break as fiscal issues will jolt policymakers from their turkey...