As the Associated Press recently reported, Social Security has come under considerable strain as a result of the economic crisis. Payroll tax revenues...

It would be easy to dismiss the recent G-20 Summit in Pittsburgh as just more political babble, more empty business as usual just among more countries...

Fears over any near-term U.S. inflationary pressures may have eased for the moment. Moody’s recently reassured investors that it didn’t see any...

Today, US Budget Watch released a new paper, Comparing Health Care Plans: A Guide to Health Care Reform Proposals, highlighting the ten-year costs and...

On Friday evening, the FDIC reported that it has taken over an additional bank ( Georgian Bank) for a cost to the FDIC of around $892 million. This...

This has been a big week in the Senate Finance Committee regarding work on the health care reform bill. The Committee endued many all-day sessions...

Yesterday, the House voted 406-18 to prevent an 8 percent increase in Medicare premiums for 11 millions seniors, many of whom are well-off. At a time...

The simple truism that tax professors try to teach, and politicians try to ignore, is that people pay taxes. All taxes are passed onto people in one...

UPDATE: Read Elmendorf's take on his talk . Today, several of us at the CRFB staff attended a National Economists Club lunch with Congressional Budget...

The Government Accountability Office (GAO) recently issued a report (congrats to Andrew Samwick for pointing this out) on the status of government...