In the budget released last week, the President outlined his vision for additional economic stimulus. Included in his proposal was $76 billion over 11...

According to Obama Administraton, the President's FY2011 reduces the ten-year deficit by $2.1 trillion; or $1.2 trillion if the savings from the Iraq...

Experts concerned about the nation’s fiscal and economic outlook braved the snow yesterday to participate in a Senate Budget Committee hearing on...

The Blue Dog Democrats, fresh off of attaining long-sought statutory PAYGO rules, are now setting their sights on capping discretionary spending. They...

On Friday evening, the FDIC reported that it has taken over an additional bank ( First American State Bank of Minnesota) for a cost to the FDIC of...

In our Analysis of the President's FY 2011 Budget, we discussed that, if the President's proposals were enacted, spending would grow to $5.7 trillion...

No Limit to Ploys in House Rules – The House raised the debt limit to $14.3 trillion on Thursday using a procedure that allowed members to approve the...

In a recent economic study, André Meier, Giancarlo Corsetti, and Gernot Müller found that announcing significant fiscal retrenchment (ie deficit...

Once again, a president is trying to get rid of a “small” scholarship program tucked away in the Department of Education. And once again, the attempt...

The Congressional Budget Office came out with their Monthly Budget Review yesterday. It states that the federal government incurred a deficit of $434...

A number of years ago, two of our Board Members, former Congressmen Charlie Stenholm (D-TX) and Jim Kolbe (R-AZ), developed a Social Security reform...

Earlier this week, four Fed lending facilities came to a close (see Fed release here), as previously announced, in light of improved conditions in...