Information about the Senate health care bill is trickling in -- word is that coverage provisions will cost $849 billion over ten years and the bill...

UPDATE: Treasury Secretary Geithner testified on Nov. 19 before the Joint Economic Committee, stating that "we are winding [TARP] down and will close...

Early this week, General Motors stated that while it is still experiencing losses, it has stabilized itself enough so that the company can begin...

Several executives from General Electric and Bank of America Merrill Lynch said early this week in a BofA Merrill Lynch webcast that they see Congress...

On Friday, the Centers for Medicare & Medicaid Services (CMS) released a report estimating the effects of the House health care reform bill. Looking...

On Friday evening, the FDIC reported that it has taken over an additional three banks ( Pacific Coast National Bank, Orion Bank, Century Bank) for a...

Here are the highlights from this weekend’s editorials on fiscal and budget policy: The New York Times applauds the House and Senate Finance bills for...

The FDIC has just adopted a rule to require banks to pay at the end of 2009 the amount they would owe the FDIC for insurance premiums over the next...

UPDATE: Stan Collender thinks we might be making ice mountains out of snow hills. According to a number of news reports, President Obama has begun...

This morning, a Wall Street Journal article reported that the White House intends to use some of the remaining TARP cash for deficit reduction, while...

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...