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The Obama administration sent a letter to Congress over the weekend requesting $50 billion in spending to support the economy. This request will likely affect negotiations in the Senate and House over legislation extending some current spending policies and tax…


Deficits remain a big focus in Washington as President Obama, Federal Reserve Chairman Ben Bernanke and members of Congress in both parties have struggled to find the right balance between nurturing the economic recovery and demonstrating fiscal responsibility.But timing is…


The Obama administration has announced a very small effort to reduce deficit spending, and yet liberal groups are attacking them for promoting a policy that will kill the economy – or at least prolong the recession. And conservatives continue to…


Public concern about the nation’s rising debt burden is beginning to have an impact on the legislative agenda.That much was evident as the House passed a scaled back “extenders” bill on May 28 by a slim margin. (more…)


How large is the federal debt? That's something of a trick question in economic circles, and some analysts believe it may have already tripped up the President's fiscal commission. (more…)


Before leaving Washington for the Memorial Day recess, the House passed a scaled back version of a bill extending several tax and spending provisions while the Senate passed a supplemental appropriations bill, though neither bill cleared both chambers. This has…


As concern about long-term federal deficits and debt mounts, some policy experts in Washington have been discussing the possibility of a value-added tax (VAT). Some envision it as a replacement for current taxes while others favor it as an add-on…


Public concern about the nation’s rising debt burden is beginning to have an impact on the legislative agenda. That much was evident as the House passed a scaled back “extenders” bill (H.R. 4213) on May 28 by a slim margin.…


There’s debate over whether the President’s fiscal commission should focus on total federal debt or just the part of the debt that is held by private investors and foreign countries. Either figure, however, is high by historical standards.No one can…


Below are a few budget items we have been following, since the last edition of the Washington Budget Report (


May 26, 2010
While we publish a weekly Washington Budget Report (sign up here), we wanted to direct your attention to some other budget items we are watching this week. (more…)


Today the Senate began considering the $59 billion supplemental spending bill (HR 4899) that the Senate Appropriat (more…)

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