We reported last week many times on efforts by the Obama Administration to save small chunks of change (see here, here, and here.) But they're not...

Legislation to extend tax breaks that expired last year, as well as expanded social safety net provisions and relief for doctors from a steep cut in...

In the aftermath of the Greek financial crisis, leaders of European nations like France and Spain are taking steps to stabilize their economies and...

With much of the nation's attention focused on President Obama's oil spill address and much of the fiscal policy universe focused on the extenders...

Senator John McCain has introduced the Debt Buy-Down Act of 2010. A variation of this bill has been introduced in several previous Congresses (102nd...

The Senate released yet another version of the tax extenders and social safety net bill (The American Jobs and Closing Tax Loopholes Act of 2010 - H.R...

The Wall Street Journal points out that deficit aversion is coming to Washington at a bad time. Just as lawmakers are looking to provide an extra kick...

The debate that won’t end drags on in the Senate as legislation to extend tax breaks, expanded unemployment insurance and the Medicare “doc fix” didn...

Larry Summers, top economic advisor to President Obama, joined the Announcement Effect Club after remarks on a few occasions. First, in a speech at...

The Senate will seek an end to the extended debate over tax extenders legislation tomorrow with a cloture vote on HR 4213 even though it is not clear...

Over the weekend, the President sent a letter to the Hill urging Congress to pass new stimulus measures. As we have written, we think the costs of...

Bruce Bartlett posits an interesting scenario for when debt default could occur in the US: next year. Before the panic sets in, we should clarify. He...