Jeanne Sahadi wrote for CNN today on the sometimes-overlooked short-term perils that the growing US debt could create, and how they affect the average...

According to a new CBO report, automatic stabilizers added about $282 billion to the federal deficit last year and are projected to add $351 billion...

We at CRFB believe in the Wizard of Oz theory of deficit reduction. Passing the right package of spending cuts and tax increases requires a brain – so...

Here are the highlights from this weekend’s editorials on fiscal and budget policy: In light of Obama advisor Larry Summers’ recent speech on the...

In a publicly released letter to the co-chairs of President Obama’s fiscal commission, Rep. Frank Wolf (R-VA) warned of the “deep and downward slide”...

Lots of Assignments Due After Recess – Lawmakers are home this week for the Memorial Day recess. When they come back next week they will have a lot of...

The House today passed a one-year extension of various tax breaks as well as expanded unemployment benefits until November on a 215-204 vote. In a...

Two massive spending bills that congressional leaders wanted to dispose of before hitting the road for Memorial Day have hit potholes as lawmakers...

You might have missed it yesterday, but during the second meeting of the National Commission on Fiscal Responsibility and Reform, IMF Director of...

CBO recently put out its quarterly estimate of the macroeconomic effects of the American Recovery and Reinvestment Act of 2009 (ARRA). They found that...