WASHINGTON -- The bipartisan immigration reform bill currently under consideration in the Senate would shrink the deficit by $197 billion over the nex...
In our government, the president's top deputies are partisan appointments, part of a thick layer of political appointees that run every important council and agency in the government.
WASHINGTON -- Wealthier households benefit significantly more than lower earners from big tax breaks such as deductions for mortgage interest and char...
Providing foreign aid means making a long-term investment in developing our aid partners, which results in both trade and security benefits for the U.S.
Hundreds of homeowners who have been playing by the rules while the big banks have cheated them are risking arrest at the Department of Justice to make an unmistakable statement: it is about time for the government to side with poor and middle class folks.
WASHINGTON, May 14 (Reuters) - The U.S. deficit is shrinking considerably more quickly than previously thought, the Congressional Budget Office said...
WASHINGTON (AP) — A new government estimate says the budget deficit for the current year will come in well below what was projected just a few month...
One government official has some bad news for Americans and politicians: You can’t protect the middle class from tax increases or benefit cuts if yo...
The government has a first-order effect on the allocation of capital and risk in the economy. And the question of what those commitments cost the public is important.
Here's an outrage that must be changed: Big Pharma has been systematically price-gouging the Medicare program for seniors and people with disabilities -- and raking in billions in excessive profits.
This is not what Latinos had in mind when we cast our votes in record numbers last fall. Latinos across this country took to the polls to elect lawmakers who they thought would have their backs, lawmakers who were committed to fighting for policies that would improve the economy.
For every dollar we reduce the deficit this year, we sacrifice about two dollars and twenty cents in GDP. The cuts will also result in the loss of 750,000 jobs. So why are we doing this again?
If enacted, House Budget Committee Chairman Paul Ryan's budget would slow the economic recovery. Chairman Ryan selectively uses Congressional Budget...
WASHINGTON -- Ten years and $60 billion in American taxpayer funds later, Iraq is still so unstable and broken that even its leaders question whether ...
Republicans on Capitol Hill have dug themselves into a deep and narrow chasm whose walls are about to close in. In a matter of weeks, they may find themselves squeezed mercilessly between their implacable right wing and constituents feeling the pain of sequestration.
In a sharp rebuke of a New York Times investigation, an analysis by the nonpartisan CBO found that a last-minute provision added to the early January "fiscal cliff" bill could save taxpayers as much as $4 billion -- rather than costing $500 million, as the Times had claimed.
Congress must come to its senses before the country suffers a completely self-inflicted grievous wound that weakens our economy and imposes gratuitous hardship on the least fortunate.
Yesterday, the Congressional Budget Office released its updated budget projections for 2013 through 2023. The new projections reflect all development...