Even in best years the congressional appropriations process usually results in a proverbial train wreck. And this year is shaping up to be such a bad...

Americans will get the chance to have their voices heard on what policymakers should do about the unsustainable fiscal outlook at some upcoming events...

In remarks at the think tank Third Way, House Majority Leader Steny Hoyer covered the bases in talking about our deficits and debt. Among the topics...

The European Central Bank joined the Announcement Effect Club yesterday in its June Monthly Bulletin. In evaluating the costs and benefits of fiscal...

As our Budget Simulator grows in popularity, more and more people have taken the spending challenge to voice how they would like to see government...

The choice of who will replace Peter Orszag at OMB is a critical one. We were thrilled when President Obama chose Orszag, Summers, and Geithner, to be...

Today, the British government released its latest proposed budget, one which will dramatically slash spending and significantly raise taxes. All...

The statutory PAYGO law left a gaping hole for spending designated as an emergency. Since the designation has no formal definition, it can technically...

Alberto Alesina of Harvard University has a new paper out that talks about how differences in the composition of debt reduction packages make a...

Here are the highlights from this weekend’s editorials on fiscal and budget policy: The Denver Post argued against both a second stimulus and the...

Summertime, but the Living Isn’t Easy in Congress – Today brings the first official day of summer, but Washington has already been experiencing...

Yes, financial markets too are being affected by the World Cup. So far today, trading is quiet – even though today is one of the famous Triple...