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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…)


The President’s Bipartisan National Commission on Fiscal Responsibility and Reform is scheduled to hold its second full meeting this Wednesday morning. At the request of panel members, the Congressional Budget Office is providing the commission with budget projections and other…


The President’s bipartisan fiscal commission faces a high hurdle. It must find consensus among 14 of its 18 members to send a package of recommendations to Congress for an up-or-down vote in December.The difficulty of achieving such consensus in Washington’s…


President Obama’s bipartisan fiscal commission will hold its first meeting on April 27. It has two very ambitious assignments -- find a way to balance the budget excluding interest on the debt by 2015 and “meaningfully improve” the long-term fiscal…

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