Game On – The Super Bowl in Texas won’t be until Sunday, but Washington had its own big game last week as President Obama gave his State of the Union...

In yesterday's Budget and Economic Outlook, CBO shows that Social Security will run deficits each year over the coming decade, depleting $547 billion...

In what is sure to be a wake-up call for the Japanese government, Standard & Poor’s cut Japan’s credit rating today for the first time in nine years...

Senator Kent Conrad (D-ND), chairman of the Senate Budget Committee, is calling for swift and decisive action to address our worsening fiscal problems...

Senator Rand Paul (R-KY) released his plan for cutting federal spending earlier this week in the latest in a wave of Republican spending cut proposals...

Continuing our "Spotlight on the States" series, which takes a look at state-level fiscal issues around the country, the Bottom Line turns to the...

CBO today released its new budget and economic update, showing higher ten-year deficit and debt projections from 2012 to 2021 than they predicted back...

Congressional leaders have agreed to reappoint Doug Elmendorf as the director of the Congressional Budget Office. Mr. Elmendorf, who has been the...

Today, the House voted to end public financing of political party conventions and presidential campaigns by a vote of 239-160. This is part of a...

Rep. Michele Bachmann (R-MN) has released her proposal to reign in federal spending, amounting to over $425 billion in cuts annually. Shortly after...

Last night in his State of the Union address, President Obama hailed a new era of bipartisan cooperation, focusing on America's competitiveness to...