The establishment of a fiscal commission either in Congress or by the President was attacked from both sides of the political spectrum. Liberals...

Chairman Bernanke's testimony today underscored the fundamental lack of sustainability of the growing federal budget deficit, while simultaneously...

The Department of Defense recently announced that it will aim to cut over $100 billion from existing programs over the 2012-2016 period in order to...

The Administration is taking important steps in improving the budget situation: The proposed 3-year spending freeze of non-security discretionary...

The Obama Administration is looking at spending once again. A day after the White House announced a plan to encourage savings by executive agencies...

Lawmakers have railed against the inability to stop the leaking of oil into the Gulf of Mexico, yet they are having no better success in staunching...

Washington Post Editorial: Economic stimulus plans ought to specify how the borrowed money gets repaid

Looks like the White House wants to attack the deficit one small change at a time. After promoting the Reduce Unnecessary Spending Act to give the...

Making the Pitch – With much of Washington eagerly anticipating the debut of Stephen Strasburg on the mound tomorrow, the return of Congress this week...

Yes, today’s employment news from May is disappointing – even though there are some encouraging signs. Let’s start with the bright side: the...

Today's May jobs report was a surprise to many economists, who had expected stronger private sector gains. Government-hired Census workers accounted...

Yesterday, Donald Marron asked the question: " How Blurry is the Line between Monetary and Fiscal Policy?" As our readers know, we have been tracking...