According to a Donald Marron, reallocating TARP funds to use for other purposes (such as a jobs bill) may violate the letter of the law (and certinaly...

On December 14, the Peterson-Pew Commission on Budget Reform hosted a public event at the National Press Club to announce the release of its report...

General Motors and Wells Fargo have both just announced that they intend to repay all of the $6.7 billion and $25 billion, respectively, in...

The Peterson-Pew Commission’s “Red Ink Rising” plan for American lawmakers has earned some black ink worldwide too since its release, not to mention...

Today, Citigroup announced that it will repay $20 billion in TARP funds. Since last fall, the government has provided $45 billion in capital for Citi...

Warning that the out-of-control federal debt places the economic future of our nation at risk, the Peterson-Pew Commission on Budget Reform this...

On Friday evening, the FDIC reported that it has taken over an additional three banks ( Solutions Bank, Valley Capital Bank, Republic Federal Bank)...

The Washington Post, this morning, warned that it is "time to start panicking" about the long-term debt, and that bipartisan action would be needed to...

The House passed a bill yesterday containing six of the appropriations bills still lingering in Congress, at a total cost of $447 billion. On Monday...

Committee for a Responsible Federal Budget president Maya MacGuineas has an op-ed in The Hill online today. Citing the end-of-the-year dance...