As the G-20 Summit gets underway in Pittsburgh, what should we hope to hear from the G-20 leaders? That they are prepared to continue supporting...

Today, the Senate Finance Committee is continuing to mark-up the Committee’s health care reform bill. In total, the Committee is considering 564...

Following its two day meeting yesterday and today, the Fed’s monetary policy setting body (the Federal Open Market Committee or FOMC) released its...

We spend a lot of time warning about budget gimmicks. But OMB’s new contest for federal employees to submit ideas for how the government can save...

The U.S. economy appears to be gradually recovering, and positive growth is expected now and for the rest of the year. Looking ahead, however, U.S...

AARP Public Policy Institute recently held an event on the impact of a period without a cost-of-living adjustment on Social Security beneficiaries and...

Recently, Senate Majority Leader Harry Reid announced his support for the extension of the First-time Homebuyer Tax Credit by signing on as a...

On Friday evening, the FDIC reported that it has taken over an additional bank ( Irwin Union Bank and Trust Company) for a cost to the FDIC of around...

This week, members of the 10-person, bipartisan Financial Crisis Inquiry Commission met for the first time to begin efforts to investigate the causes...

Today, the Treasury announced the end of the Guarantee Program for Money Market Funds. According to the Treasury, risk of a “catastrophic failure” of...