Latest
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REDUCE Legislation Aims to Cut Deficit by $70 Billion
Read moreToday, four Democratic congressmen—Reps. Gary Peters, John Adler, Jim Himes, and Peter Welch—introduced four-pronged legislation, called the REDUCE...
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Should We Pay for Tax Cuts?
Read moreThe blogosphere exploded last week (see here and here) when a number of Republicans suggested that Congress need not offset the costs of tax cuts...
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Waiting for the Chairman to Speak
Read moreBen Bernanke, the Chairman of the Federal Reserve, will present his twice-yearly testimony to Congress tomorrow (the Senate) and then again on...
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It's Summerstime in the Fiscal Policy World
Read moreLarry Summers, the Administration's top economist (and former CRFB board member), has an op-ed in the Financial Times today, looking at why the...
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‘Line’ Items: International Sports Edition
Read moreOpens and Tours – Americans did not fare well in sporting events across the pond this weekend; leaving us Yanks to rely on past memories of success at...
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Forget OMB--The Onion Has Ways to Improve Efficiency
Read moreDespite OMB's best efforts to trim waste from the government, The Onion believes it is inevitable that billions and billions of dollars will be wasted...
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MarketWatch: July 12-16
Read moreThe (brief) stock market rally had dominated trading in the earlier part of the week. However, investor interest in U.S. government bonds picked up...
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Steuerle Joins the Announcement Effect Club
Read moreCRFB board member Eugene Steuerle joined the Announcement Effect Club in a post on the Urban Institute's website. In the post, he talked about the...
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Budget Reform Bill Introduced
Read moreCongressman Mike Quigley (D-IL) today introduced important legislation to create a more transparent budget regime towards putting the country on a...
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Greenspan In Favor of Ending Bush Tax Cuts
Read moreToday, former Federal Reserve Chairman Alan Greenspan said in an interview that all of the 2001 Bush tax cuts, which he had previously supported...
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Keep Your Eye On the Deficit, Say 58 Democrats
Read moreA few days after Senate Republicans jumped on board the Sessions-McCaskill bandwagon, 58 House Democrats called for greater restraint of spending and...
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Measuring the Effects of ARRA
Read moreAccording to the Council of Economic Advisors’ (CEA) quarterly report on the continuing effects of the American Recovery and Reinvestment Act (ARRA)...