Latest
-
What Happened to the President's Spending Cuts?
Read moreYesterday, on the heels of President Obama signing a $1.1 trillion "minibus" CRFB released a paper on the importance of controlling discretionary...
-
Controlling Discretionary Spending
Read moreOver the past decade, discretionary spending has grown faster than mandatory. Between 1999 and 2008 discretionary spending grew annually, on average...
-
Fiscal Commission Gains Momentum
Read moreThe chance that some type of bipartisan commission will be created to address the nation’s long-term fiscal challenges increased significantly this...
-
U.S. Debt: Not Bound by our Borders
Read moreWith U.S. debt held by the public on track to exceed 100% of the economy in a little over a decade, policymakers must come together now and implement...
-
Deficit Commission Debated
Read moreDiffering views on creating a deficit commission were aired at a Capitol Hill forum yesterday sponsored by the Cato Institute. The proposal, which is...
-
House Passes $154 Billion Jobs Package
Read moreThis afternoon, the House passed a $154 billion economic aid package. Below we have listed the major spending areas within the bill: Spending...
-
Note to Citi: Get Your Fiscal House In Order!
Read moreThe IRS has agreed to give up billions in tax money in exchange for Citigroup’s repurchase of $20 billion of its assets held by TARP. In a notice...
-
Penny and MacGuineas in the Press
Read moreTim Penny, co-chair of the Peterson-Pew Commission on Budget Reform, was interviewed today for an hour on his home state public radio station. Saying...
-
Update on House Activities: Debt Ceiling, CR, and Defense Bill
Read moreThe House has been extremely busy today, not only passing a $154 billion jobs bill but also passing a temporary continuing resolution, the defense...
-
And the Winner Is...
Read moreEarlier this year the White House created a contest for federal employees that was focused on producing real ideas that would yield monetary savings...
-
Another Issue with Using TARP Funds for Other Purposes
Read moreAccording 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...
-
Event Recap: Release of 'Red Ink Rising'
Read moreOn 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...