Last week, the “Fiscal Commission” co-chairs unexpectedly released a draft of their proposal to reel the nation back from the fiscal brink. The plan sparked an immediate reaction from politicians, special-interest groups, and pundits of all political stripes.

Last week, the “Fiscal Commission” co-chairs unexpectedly released a draft of their proposal to reel the nation back from the fiscal brink. The plan sparked an immediate reaction from politicians, special-interest groups, and pundits of all political stripes.

Here’s a roundup of this morning’s must-read budget and economic stories.

European officials, increasingly concerned that the Continent’s debt crisis will spread, are warning that any new rescue plans may need to cover Portugal as well as Ireland to contain the problem they tried to resolve six months ago.

A roundup of this morning’s must-read budget and economic stories.

Most lawmakers return to Washington today for the first day of the lame duck session. Though it certainly has an unimposing name, the impact this lame duck could have on our fiscal future is quite serious.

In an editorial (“A power switch is not a fiscal fix”) published in Sunday’s Atlanta Journal Constitution, Gretchen Hamel, Executive Director of Public Notice, looks to the GOP’s spending history to explain why Americans’ concerns about government overspending have not been allayed by Republican wins in last Tuesday’s election.

As Congress’ “lame duck” legislative session nears, discussion of its challenges, and speculation about its likely outcomes, is ramping up. Today’s POLITICO takes a look at the conundrum of funding the federal government in FY2011 in “Lawmakers face $1 trillion decision.

Public Notice has launched a series of billboard ads to welcome Congress to Washington and remind them why they were sent to the nation’s Capitol: to...

Leaders of the world’s biggest economies agreed on Friday to curb “persistently large imbalances” in saving and spending but deferred until next year tough decisions on how to identify and fix them.

Soon, newly-elected Congressmen will travel to Washington to restore fiscal sanity...or so they say. To help remind them of their campaign pledges to cut spending, Bankrupting America has placed some friendly "Keep your promise" billboards in Washington's Reagan National Airport.

The top priorities as Congress returns this week are the economy and the federal budget. Here are several interesting news stories exploring each.