Recently, both the Washington Post ( Bad-News Budget) and the Financial Times ( Fiscal Challenges for a Recovering US) have written excellent...

Last week, the Congressional Budget Office (CBO) released its updated Budget and Economic Outlook and the Office of Management and Budget (OMB)...

MacGuineas, Guha, and Wessel on the NEWSHOUR, on the reappointment of Bernanke and the new budget numbers.

CRFB released this report on OMB's Mid-Session Review. (We will soon release a more detailed analysis.) CBO provides a comparison chart between OMB...

The Fed is holding its annual summer retreat at Jackson Hole, Wyoming, which features Fed officials and outside experts discussing the critical issues...

Late Friday the White House conceded that ten-year deficits would total around $9 trillion, according to their estimates. This is $2 trillion greater...

Given the weak economy, how do we balance our need for economic stimulus now with our need to get our fiscal house in order to prevent the age and...

August 20 - Next Tuesday the Office of Management and Budget (OMB) will release their Mid-Session Review of the budget. They plan to announce that the...

Warren Buffett has written in the New York Times that significant levels of U.S. spending will prove to pose problems for our economy and currency...

August 18 - According to Bloomberg, last month's budget deficit hit a record $180.7 billion, higher than any month in U.S. history. Spending in July...