With the first session of the the 114th Congress rapidly drawing to a close and the big budget issues being settled, we will take a look at how the...

Carrying on the tradition of retired Senator Tom Coburn (R-OK), Senator Jeff Flake (R-AZ) this week released the 2015 edition of the Wastebook: The...

The negotiations that concluded this week produced two major pieces of legislation. The most consequential for the budget is the $680 billion package...

It's no surprise that a deficit-financed tax cut deal costing $830 billion after interest would be bad for the budget. We've been describing the...

Today, the Federal Open Market Committee, the Fed's interest rate setting and deliberative body that meets eight times a year, could announce that...

Lawmakers have announced a negotiated package of business and individual tax breaks costing about $680 billion over ten years. After interest, we...

House Minority Whip Steny Hoyer (D-MD) took to the House floor on Tuesday to assert his opposition to a potential tax extenders deal, citing a recent...

The $700 billion price tag on the rumored deal to permanently extend expired tax breaks might actually be underselling just how expensive the package...