Over the past few weeks, passage of an "extenders" bill has become the top priority of Congress. The bill, HR 4213, finally seems to have a definitive...

Robert Samuelson has a blunt message for the American public in today's Washington Post: WAKE UP! In his op-ed Samuelson pans the lack of urgency by...

Here are the highlights from this weekend’s editorials on fiscal and budget policy: The Chicago Tribune noted that for all the attention paid to bank...

Little Resolve for Budget Resolution – Leaders in the House have yet to make a final decision on moving forward with a FY2011 budget resolution. But...

U.S. markets continued to be dominated this week by the continuing roller coaster ride from the Greek (and eurozone) debt crisis. More positive U.S...

Next week, House Democrats intend to introduce a package of aid to states, extended unemployement benefits, and tax break extensions. This "must-pass"...

Yesterday, House Minority Whip Eric Cantor (R-VA) launched a new project - YouCut. YouCut allows people to vote online or from their cell phones on...

Inspiration can come from the most surprising places. Take Portugal, for instance. (Granted, there are major differences between the U.S. and...

Today in the Washington Post, Steven Pearlstein took the " Deficit Challenge", proposing his own plan on how to reduce future deficits through a...

In a release late Sunday night, the Fed announced that it has agreed with other major central banks to reopen foreign currency swap lines in order to...

The Congressional Budget Office (CBO) issued its Monthly Budget Review late last week. CBO reports that the federal government incurred a deficit of...