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‘Line’ Items: World Cup Edition
Read more“Beautiful Game”and Not-So-Pretty Agenda – Add soccer to all the other distractions in Washington as lawmakers face a packed agenda. With the World... -
Hensarling Comes Close
Read moreIn testimony before the House Budget Committee this week, Ben Bernanke called for a plan to be put in place now to reduce deficits once the economy... -
MARKETWATCH: June 11, 2010
Read moreU.S. financial markets this week have continued to be dominated by global capital seeking a safe haven in U.S. Treasury instruments, as the eurozone... -
The Swiss Version of a Balanced Budget Amendment
Read moreAs part of a celebration of Albert Gallatin's upcoming 250th birthday the Swiss Embassy held a panel discussing the Swiss federal government's "debt... -
Another Savings Idea, Brought to You by the White House
Read moreThe Obama Administration has been putting out a flurry (see here and here) of modest savings proposals over the past few weeks. The latest comes in a... -
CBO Issues Its Monthly Report on the Deficit, Outlays, and Revenues
Read moreThe Congressional Budget Office (CBO) issued its Monthly Review late last week (and today, the Treasury released its Monthly Statement for May). CBO... -
Dueling Editorials
Read moreStart with a basic question: Do you think politicians are better at cutting taxes and increasing spending, or the reverse? The answer should help you... -
"Don't Sign Yourself Into a Corner"
Read moreThe establishment of a fiscal commission either in Congress or by the President was attacked from both sides of the political spectrum. Liberals... -
Bernanke Testifies Before the House Budget Committee
Read moreChairman Bernanke's testimony today underscored the fundamental lack of sustainability of the growing federal budget deficit, while simultaneously... -
Gates Aims to Find $100 Billion in Savings Over Five Years
Read moreThe Department of Defense recently announced that it will aim to cut over $100 billion from existing programs over the 2012-2016 period in order to... -
Improving the Budget Situation
Read moreThe Administration is taking important steps in improving the budget situation: The proposed 3-year spending freeze of non-security discretionary... -
More News on the Spending Front!
Read moreThe Obama Administration is looking at spending once again. A day after the White House announced a plan to encourage savings by executive agencies...