Today, Reps. Paul Ryan (R-WI) and Chris Van Hollen (D-MD), the two leading members of the House Budget Committee, introduced a bill to give the...

Later this week, Senate majority leader Harry Reid is expected to hold a vote on the two largest components of President Obama’s jobs bill, totaling...

At an American Enterprise Institute event yesterday, Sen. Rob Portman (R-OH) announced that he will unveil a plan to reform the corporate tax code in...

News flash: Congress has a huge checklist to take care of. Many expiring tax provisions need to be dealt with, along with other temporary policies and...

This afternoon Fitch Ratings lowered the outlook on the United States' credit rating from stable to negative. Fitch, considered one of the "big three"...

Stuffed – The Super Committee talked turkey, but in the end produced no meat. All that got placed before us was the warmed-over stuffing of partisan...

We talked yesterday about the importance of keeping the trigger, or the automatic sequester of $1.2 trillion in spending cuts, in place in order to...

CRFB board member Rudy Penner recently authored a CNN Money op-ed in which he writes that Congress has delayed the necessary fiscal adjustments for so...

When Congress raised the debt ceiling in last August’s Budget Control Act (BCA), it mandated at least $1.2 trillion in further savings by 2021, from...

SuperBad – Well, they did it after all. In an amazing feat of utter failure, the so-called Super Committee managed to under-perform the already low...

After an eleventh-hour deal that included a dramatic showdown in April and a minor standoff in September, it's nice to see a continuing resolution...