On December 9, Secretary Geithner requested that TARP be renewed through October 3, 2010. Having spent a net of $386 billion, the $700 billion program...

Senate Budget Committee chairman Kent Conrad (D-ND) and ranking Republican Judd Gregg (R-NH) today introduced legislation to create an 18 member...

There’s a reason India Times just picked up David Lightman’s story “Rising debt threatens to derail Congress on just about everything.” The world...

There's an intriguing passage in the White House press release on President Obama's stimulus speech at Brookings yesterday: " An overall approach to...

How and when the Fed will unwind the massive amounts of liquidity it has provided to shore up the financial system and economy? Will the Fed be able...

This morning, eleven freshman Senators introduced a series of health care reform amendments which they call the Value and Innovation Package (thanks...

Today, in a speech at the Brookings Institution, President Obama outlined a strategy designed to accelerate job growth. In particular, he outlined...

In his speech today, President Obama proposed reducing the amount of money available in the TARP fund to pay for the new stimulus measure. When TARP...

Citizens from across the country had a message yesterday for lawmakers: we are working together to solve our fiscal challenges, why can’t you? At a...

On Friday evening, the FDIC reported that it has taken over an additional six banks ( Greater Atlantic Bank, Benchmark Bank, AmTrust Bank, The...