Today, the Commerce Department released its advance estimate of second quarter GDP growth. The report showed that the United States economy slowed to a 2.4% rate of growth. This is a significant decline from the revised 3.7% rate of the previous three months.

read more

"A new poll shows that Congress' approval rating is at a record low of 11 percent. The other 89 percent are going to withhold judgment until Congress actually does something." -- Jay Leno

read more

The Office of Management and Budget (OMB) is part of the Executive Office of the President. Its primary function is to oversee the preparation of the President’s annual budget. According to the OMB website the office “ensures that agency reports, rules, testimony, and proposed legislation are consistent with the  ...

read more

The Las Vegas Review-Journal -- the leading newspaper in a state with the unfortunate distinction of having the nation’s highest unemployment rate -- today looks into the effects of planned tax hikes.

read more

A look at the most important budget-related news and information from around the country.

read more

Two recent articles provide more evidence that Washington’s failure to put forth a sustainable fiscal and economic plan (or any plan, for that matter) is itself hampering the nation’s economic recovery.

read more

In preparation for Transportation Secretary LaHood’s visit today to Watertown, Wisconsin to discuss the American Recovery and Reinvestment Act (aka the “stimulus”) and Washington’s plan for the road ahead, below are some facts to consider.

read more

In preparation for Housing and Urban Development (HUD) Deputy Secretary Ron Sims’ visit today to Pueblo, Colorado to discuss the American Recovery and Reinvestment Act (aka the “stimulus”) and Washington’s plan for the road ahead, below are some facts to consider.

read more

Today, NPR had a segment on the administration’s attempt to convince the American people that the $862 billion economic “stimulus” package has been beneficial.  As NPR reports, the media plan does not appear to be working. Despite a nationwide tour, and dozens of speeches from the president and  ...

read more

Rep. Paul Ryan, a Republican from Wisconsin, is serving his sixth term in the U.S. House of Representatives. Ryan is the Ranking Member of the Committee on the Budget, and is a senior Member of the Ways and Means Committee.

read more