Latest
-
Senate To Consider Scaled-Down Jobs Bill
Read moreThe Senate is likely to turn to a tightly focused jobs bill when it returns from the President's Day break next week. The bill, a much-scaled down...
-
Snowpocalypse Doesn’t Stop Announcement Effect Club from Growing
Read moreFearless economists braved the Washington snow this week to walk through the doors of the Announcement Effect Club via their testimony before the...
-
Experts to Congress: We Need Fiscal Goals
Read moreAs D.C. slowly emerged from under the white blanket of the blizzard, discussion turned today to how the U.S. can rise out of a sea of red ink. Three...
-
-
Stimulus Proposals in the President's Budget
Read moreIn the budget released last week, the President outlined his vision for additional economic stimulus. Included in his proposal was $76 billion over 11...
-
Does the President's Budget Increase the Deficit or Reduce It? (The Answer Depends on Your Baseline)
Read moreAccording 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...
-
If You Think Snowmageddon is Bad, Blizzard of Debt Will be Worse
Read moreExperts concerned about the nation’s fiscal and economic outlook braved the snow yesterday to participate in a Senate Budget Committee hearing on...
-
Blue Dogs Seek to Take a Bite Out of Spending
Read moreThe Blue Dog Democrats, fresh off of attaining long-sought statutory PAYGO rules, are now setting their sights on capping discretionary spending. They...
-
One More FDIC Bank Closing
Read moreOn 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...
-
What Will the Budget Look Like in 2020?
Read moreIn 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...
-
‘Line’ Items: Washington Activities Affecting the Bottom Line
Read moreNo 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...
-
Economists Explain the Announcement Effect
Read moreIn a recent economic study, André Meier, Giancarlo Corsetti, and Gernot Müller found that announcing significant fiscal retrenchment (ie deficit...