On Friday evening, the FDIC reported that it has taken over an additional four banks ( La Jolla Bank, George Washington Savings Bank, The La Coste...

Update: The Wonk Room has put together a short table comparing the President's plan to the House and Senate bills. Check it out below. Here it is. At...

Here are the highlights from this weekend’s editorials on fiscal and budget policy: The New York Times argued that the temporarily higher federal...

Commission Commencement – President Obama signed Thursday the Executive Order officially creating the National Commission on Fiscal Responsibility and...

Check out the video from WeCantPayThatTab.org:

The CBO has released its cost estimate of the Senate Jobs bill, the Hiring Incentives to Restore Employment Act, as introduced by Senator Harry Reid...

If the President's new deficit commission comes up with this idea, you can count on a lot of hilarious lines from Co-Chair Al Simpson.

A month ago, we called on those who oppose tax increases to take the spending challenge, showing us how to stabilize the debt only through spending...

Moments ago, the Committee for a Responsible Federal Budget released a joint statement on the President's just- announced National Committee on Fiscal...

Update: Senate Minority Leader Mitch McConnell has said he will make Republican appointments to the deficit commission. Saying that the nation's...