Latest
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Unwanted Defense Spending Draws Presidential Veto Threat
Read morePresident Obama reiterated his intention to veto any Defense Appropriations Bill that contains superfluous spending provisions today at a Veterans of...
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Obama Economic Advisor Appears on The Daily Show
Read moreAustan Goolsbee, chief economist of President Obama's Economic Recovery Advisory Board appears below on the Daily Show with John Stewart. Goolsbee...
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The Economy: Expectations and Reality Check
Read moreAugust 14 - Real GDP fell by 6.4 percent and then 1.0 percent in the first two quarters of the year. As of the second quarter, real growth was 4...
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FOMC Leaves Stance Unchanged
Read moreAugust 12 - The key Fed policymaking body, the Federal Open Market Committee (FOMC), released its statement today following its regularly scheduled...
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CRFB Discusses CBO Social Security Projections
Read moreAugust 11 - Today, CRFB released a report highlighting its take on CBO's Long-Term Projections for Social Security. Last year, the CBO projected...
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CBO Reports on Social Security
Read moreAugust 8 - Today, the Congressional Budget Office (CBO) released its Long-Term Projections for Social Security. According to the CBO: "Currently...
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CBO Releases Budget Options Volume 2
Read moreAugust 6 - Today, the CBO released the second of two lengthy reports outlining the budgetary options of various policies likely to be undertaken by...
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Top Senate Democrats Look to Reinforce Cash for Clunkers Before Recess
Read moreAugust 5 - Harry Reid and other top Senate officials are confident that a vote to extend the Car Allowance Rebate System (Cash for Clunkers program)...
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Taxing the Middle Class
Read moreAugust 4 - Yesterday, White House Press Secretary Robert Gibbs reiterated the administration's pledge not to raise taxes on Americans earning less...
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House and Senate Work to Finish FY 2010 Appropriations Bills
Read moreJuly 31 - Yesterday, the House passed its final FY 2010 appropriations bill, but, in the process, disregarded requests from the Pentagon and Obama...
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Second Quarter U.S. GDP and the Stimulus Package
Read moreJuly 31 - U.S. real GDP declined by 1.0% (annual rate) in the second quarter, the fourth straight quarterly drop, according to today's report by the...