Senate
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Lew: 'We Must Put Our Nation Back on a Sustainable Fiscal Course'
Read moreYesterday, the Senate Budget Committee held a hearing on Jacob Lew’s nomination as the new head of the Office of Management and Budget, where he...
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Small Business Aid Bill Close to Enactment
Read moreUPDATE: The Senate passed the small business package on Thursday 9/16, and the House is expected to pass the legislation early next week. The Senate...
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‘Line’ Items: Football Edition
Read moreKick-off Time – Football season got underway this weekend, and the final legislative drive before the mid-term elections also commences this week. The...
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Appropriations Update: Senate Heading Toward Cutting More
Read moreThe Senate appears headed toward cutting discretionary spending even below the level called for by Senate appropriators. Senate Majority Leader Harry...
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Finally, Deficit Neutral Stimulus
Read moreFinally, the Senate got it right: we have a deficit-neutral stimulus. In fact, the bill would even slightly reduce deficits by $1.4 billion over the...
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Three Economists Testify Before Senate Budget Committee
Read moreYesterday morning, Richard Berner of Morgan Stanley, Simon Johnson of MIT, and Joel Naroff of Naroff Economic Advisors testified before the Senate...
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‘Line’ Items: War Supplemental Finally Passes; Small Biz Bill Not So Lucky
Read moreHouse Gone, Senate Eyeing the Exit – The House started its six-week recess Friday and the Senate will adjourn at the end of this week. Debate and a...
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Appropriations Update: Lawmakers Moving 2011 Spending Bills
Read moreSignaling their desire to be more austere, House and Senate appropriators continued pushing their Fiscal 2011 spending bills through the system this...
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Targeting IPAB
Read moreEver since health care reform passed in March, it's had a huge target on its back by those who want to repeal it. Unfortunately, the bullseye for some...
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Thune to the Rescue!
Read moreSen. John Thune (R-SD) introduced a deficit reduction and budget reform bill yesterday, aptly titled the Deficit Reduction and Budget Reform Act of...
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‘Line’ Items: Heat Wave Edition
Read moreIf You Can’t Stand the Heat… – Washington has been experiencing a heat wave, but it can’t all be blamed on the friction between the two parties...
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All Talk, No Game on Discretionary Limits
Read moreThere have been a lot of numbers thrown around with regards budget resolutions, deeming resolutions, and discretionary spending limits. To keep it...