U.S. Rep. Steve King (R-Kiron) used a nationally-televised debate Saturday evening to praise a budget plan from U.S. Rep. Paul Ryan (R-Wis.), saying the country is “up against a very big problem” when it comes to the cost of Social Security, Medicare and Medicaid, and the federal More…
President Barack Obama announced Wednesday that he plans to use an executive order to ease student loan debt for millions of Americans.
Last week, a handful of House Republicans — including one Florida congressman — accidentally voted against a measure expressing disapproval of raising the country’s debt limit.
Though the vote initially seemed like a major change of heart for the GOP congressmen, they have since submitted statements to the More…
A quarter of the cuts required under the recent Congressional debt deal could be beneficially achieved through cuts to environmentally harmful federal subsidies, according to a report produced by a politically diverse coalition.
McClatchy reports that Friends of the Earth, Public Citizen, Taxpayers for Common Sense and the More…
The Family Research Council, a religious-right outfit some watchdog organizations have called an anti-gay hate group, has recently become quite vocal in its opposition to government spending and has called for drastic cuts to social programs. But a survey by The American Independent shows that FRC’s state-based More…
House Speaker John Boehner (R-OH) has named House Ways and Means Committee Chairman Dave Camp (R- MI) and House Energy and Commerce Committee Chairman Fred Upton (R-MI) as picks to serve on the House-Senate ‘supercommittee’ charged with coming up with more spending cuts under the recent debt deal.
After weeks of Congressional wrangling over raising the debt ceiling, U.S. Rep. Ron Paulthrew a wet rag on celebrations by his Republican colleagues, with a commentary in the Houston Chronicle Monday.
Later today, President Barack Obama will give a speech at George Washington University outlining his long-term deficit-reduction plan. He is expected to look specifically at defense spending and the tax code, according to Roll Call.
Expanding on his fiscal 2012 budget request, the president will spell out a four-step More…
The debate held Monday among the candidates for the chairmanship of the Republican National Committee was like an egg cream — the literal meaning isn’t the same as its contents. With one exception, current RNC Chairman Michael Steele and his challengers — former Michigan GOP Chair Saul Anuzis, former More…
This afternoon, Treasury Secretary Tim Geithner and Office of Management and Budget Acting Director Jeffrey Zients gave one final report on the United States’ fiscal year:
Due to careful stewardship of the emergency programs, their effect on the deficit was much smaller than previously estimated. The Troubled Asset Relief
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