Latest
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Pearlstein Comes Out with His Own Fiscal Plan
Read moreToday in the Washington Post, Steven Pearlstein took the " Deficit Challenge", proposing his own plan on how to reduce future deficits through a...
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Fed Restarts Foreign Currency Swaps
Read moreIn 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...
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CBO's Monthly Budget Review: Higher Deficit than Last Year but with Signs of Hope
Read moreThe Congressional Budget Office (CBO) issued its Monthly Budget Review late last week. CBO reports that the federal government incurred a deficit of...
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Weekend Editorial Roundup
Read moreHere are the highlights from this weekend’s editorials on fiscal and budget policy: The Chicago Tribune criticized both parties for reckless spending...
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Why This Isn't Just a Greek Problem
Read moreThe EU and IMF just recently agreed to provide a nearly $1 trillion rescue fund for European countries facing troubled fiscal waters. Meetings over...
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‘Line’ Items: Greek Tragedy Edition
Read moreFrom Sophisticated to Sophocles – The untangling of the complex web of financial manipulation and deceit arising from the “hidden debts” controversy...
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Greece and the United States: The Importance of Having a Credible Fiscal Framework
Read moreEuropean leaders are meeting tonight to talk about Greece and the eurozone crisis. According to press reports, they will likely agree upon and...
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Marketwatch Update: The US as Safe Haven Returns - but Technical Glitches May Have Also Kicked In
Read moreIt wasn’t enough that we had a lot of impressive economic news this week (including today’s solidly positive employment numbers – even though...
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Bill of Extenders and Tax Breaks May Include Doc Fix
Read morePolicymakers will soon be focusing on passing a new package of extenders and tax breaks that – at a potential cost of around $200 billion over ten...
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Debt Crisis Looming; Political and Market Risks Run Large
Read moreYesterday, The Committee for a Responsible Federal Budget hosted a chilling conference on “What a Fiscal Crisis Would Look Like in the U.S.” An all...
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Rethinking TRICARE Benefits
Read moreAdmiral Roughead (Navy), General Conway, (Marine Corps) and Admiral Allen (Coast Guard) all took the spending challenge today, arguing that retired...