The Monthly Treasury Statement is out, and states that Fiscal Year 2010 is off to a perilous start. The deficit for the month of October is ringing in...

In a recent report from the Center on Budget and Policy Priorities (CBPP), mid-year budget shortfalls, totaling $16 billion or 4 percent of these...

Last Friday, we blogged on new information from the Bureau of Labor Statistics reporting the astonishingly high monthly unemployment rate for October...

On Friday, the President signed into law a bill to extend several notable provisions under February's American Recovery and Reinvestment Act. The bill...

Maya MacGuineas, President of the Committee for a Responsible Federal Budget, will testify today before the Senate Budget Committee on proposals to...

President of the Committee for a Responsible Federal Budget, Maya MacGuineas, testified before the Senate Budget Committee on proposals to form a...

Yesterday, the Treasury announced that the Capital Assistance Program (CAP), one of TARP’s several programs, will close, having made no investments...

On Friday evening, the FDIC reported that it has taken over an additional five banks ( United Commercial Bank, Gateway Bank of St. Louis, Propseran...

The House passed health care overhaul legislation on Saturday night by a vote of 220 – 215, with 39 Democrats opposing the bill and one Republican...

Here are the highlights from this weekend’s editorials on fiscal and budget policy: The Washington Post criticized the House health care bill because...

A number of very interesting and relevant reports have come out of the Congressional Budget Office (CBO) and Joint Committee on Taxation (JCT) the...