The nonpartisan Congressional Budget Office (CBO) released a revised estimate of its budget projections this week.
Yesterday, the nonpartisan Congressional Budget Office (CBO) released its updated budget projections for 2014 to 2024.
This week, Americans celebrated April Fools’ Day with a fake Sizzling Bacon TV series and Twitter announcing a Twitter Helmet. However, it was also a wonderful day to tell the world how you really felt about Washington’s spending problem.
This week, the Mercatus Center highlighted a study that looked at overall fiscal stability in the United States.
Sunday marks the official beginning to March Madness. But why talk about basketball when there are much more interesting subject matters at hand? The national debt is sky-rocketing, healthcare premiums keep rising, and Leo still didn’t win an Oscar. March Madness has officially turned into March Sadness. Here are the things that made us sad this week.
Today’s Spending Daily will take a look at a recent White House decision to restore the $10 billion in sequester cuts intended for Obamacare’s cost-sharing subsidies.
On Tuesday, President Obama revealed his budget proposal for fiscal year 2015. It proposes $3.9 trillion in spending, while raising taxes in an effort to reduce the debt. The President’s budget has no real chance of passing Congress, but has become a rallying point for Democrats of where they want to begin budget negotiations.
As a senator, President Obama said President Bush’s adding $4 trillion to the debt was “irresponsible” and “unpatriotic.” But under his new proposed budget, President Obama will have had the eight highest deficits of all time.
Members of Congress last week voted to suspend the federal debt limit until March 2015. According to Reuters, “Extending the debt ceiling to March 2015 means the issue may not get caught up in election-year politics.”
We decided that since today is the 5th anniversary of the 2009 stimulus bill, we’d look at some key economic data points from the stimulus’s brief, but tumultuous history.