If you want to understand the extraordinary events taking place in the fight over health care reform, you should take Deep Throat's advice to Bob Woodward many years ago during Woodward's coverage of the Watergate story: follow the money. Massive amounts of cash are flowing into all types of activities...

Read the entire report at AmericanProgress.org.

The current economic relationship between the United States and China is perilous for both countries. The nature of that peril is quite different than is commonly perceived.

China's large and rapidly growing stash of U.S. treasuries is only part of much larger debt...

Imagine yourself as president of the United States. Acting in the wake of a massive hurricane, you reach out to develop a bipartisan plan for disaster relief. When you approached the opposition, they say that they would be happy to participate, so long as you agree to focus the relief...

Nearly all of the criticism of the stimulus legislation pending before Congress is directed at a small number of programs that make up a tiny percentage of the total spending in the package. One of the favorite targets of these critics is $50 million in funding for the National Endowment...

What do Amity Shales, George F. Will, Mark Levey, Harold L. Cole, Lee E. Ohanian, Tyler Cowen, Andrew B. Wilson, Greg Gutfeld, and Jeff Jacoby all have in common? They have all published articles in recent months opposing the President's economic stimulus package and all for exactly the same reason:...

During the debate on the President's economic stimulus proposal, conservatives argued passionately about how tax cuts had far more economic impact and created far more jobs than government spending. When that was defeated they reversed field by doubling the proposed spending in the bill for highways and more than quintupling...

This article first appeared at AmericanProgress.org.

"Where the action is in federal budgeting" is how the Budget Analysis Division of the Congressional Budget Office describes itself on the CBO website. "Because the division has a high ratio of analysts to managers, those analysts enjoy a high degree of...

Since the Republican Conference of the U.S. House of Representatives is largely made up of individuals who believe their party lost the 2008 elections because they did not run far enough to the right, it is not surprising that their leaders are now attempting to block efforts to clean up...

When Treasury Secretary Henry Paulson called congressional leaders early last week to ask for $700 billion in public funds to buy distressed loans and securitized loans from the nation's failing financial institutions, he was told that such a package could pass only with bipartisan support. Members of Congress from both...

When Tom DeLay officially resigns from Congress he will leave an empty seat in Texas and another one on the House Appropriations Committee. He will also leave the Republican Party up to its neck in scandal -- much of it generated from his office -- and a House of Representatives...