At a press conference earlier this afternoon, Sen. Tom Coburn (R-OK) officially released his deficit reduction plan, Back in Black--not to be confused...

In Need of Magic – The Harry Potter saga has come to a conclusion with the blockbuster release of the final movie in the series. Sadly, an end the...

S&P has followed Moody's in issuing the frequent warning about how not raising the debt ceiling by August 2 will affect the U.S.'s credit rating. With...

In an exclusive op-ed today for CNN, CRFB president Maya MacGuineas urges lawmakers not to give up on trying to use the debt limit increase as an...

Appearing before the House Financial Services Committee yesterday, Fed Chairman Ben Bernanke signaled that the Fed was keeping all options on the...

Talk of switching to the chained CPI for all inflation indexed elements of the federal budget has continued gaining much attention in the past few...

Yesterday, nearly five hundred business leaders and organizations sent a letter to the President and members of Congress joining the chorus of other...

The budget and debt-limit negotiations are approaching the 11th hour. Congressional leaders and the President continue negotiating over a deficit...

Update 7/15: S&P has joined Moody's in issuing new warnings to the United States. Putting the country on "negative watch," S&P warned that it could...

It's the budget that's been stuck in limbo. Sen. Kent Conrad (D-ND), chairman of the Senate Budget Committee, has reportedly been working on a Senate...