The OMB's Mid-Session Review (MSR) came out late on Friday afternoon with no fanfare from the Administration (though we did put out a paper yesterday)...

If 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...

In an op-ed for the Wall Street Journal this Wednesday, Martin Feldstein discusses the pivotal role of tax expenditures in increasing the federal...

As of mid-morning Friday, U.S. and overseas markets await the results of the stress tests conducted on European banks, to be released at noon. Based...

The OMB released its Mid-Session Review today (see our press release here), showing slightly improved deficit numbers for this year, but still an...

There have been a lot of numbers thrown around with regards budget resolutions, deeming resolutions, and discretionary spending limits. To keep it...

Today, President Obama signed the Improper Payment Elimination and Recovery Act, hoping to make a dent in wasteful spending. Improper payments are...

At a time when Social Security is increasingly getting lawmakers' attention for the possibility of reform, raising the retirement age is starting to...

The Senate essentially voted to pass an extension of unemployment benefits yesterday, invoking cloture on the measure with the requisite sixty votes...

The OECD recently published a great report on possible fiscal scenarios, and the results are exactly as expected: if the advanced countries of the...