Federal Budget

Bipartisan Scandal: Congress' Edifice Complex

John Fund | Posted 07.29.2008 | Politics


John Fund

Why does Congress hand out money to name buildings, bridges -- everything under the sun -- after its own living members? Until the 1960s, people had to die before they were memorialized in granite.

Bush Freezes Medicare Fee Cuts

AP | JIM ABRAMS | Posted 07.08.2008 | Politics


WASHINGTON — The Bush administration said Monday it will delay paying doctors for treating Medicare patients in early July to give Congress more...

Bipartisanship Thrives -- At Least When it Comes to Earmarks

Scott Bittle and Jean Johnson | Posted 06.26.2008 | Politics


Scott Bittle and Jean Johnson

Earmarks are back on the scene. Despite repeated attempts to kill the industry, or at least weaken it, the current House defense authorization bill contains almost $10 billion dollars of red ink.

Earmarks: Faster And Easier Than Ever Thanks To Innovation

Scott Bittle and Jean Johnson | Posted 03.28.2008 | Business


Scott Bittle and Jean Johnson

Its earmark season on Capitol Hill, and this year, thanks to technology, it will be even easier for members of Congress to get their earmark requests sorted out and submitted.

It's Time to Be Honest about the Cost of the War in Iraq

Scott Bittle and Jean Johnson | Posted 03.28.2008 | Business


Scott Bittle and Jean Johnson

Just how much will the Iraq war cost the American taxpayer next year? We don't know, and the people running the war (who should know) say they don't e...

Three Ugly Little Truths About The Federal Budget

Scott Bittle and Jean Johnson | Posted 03.28.2008 | Business


Scott Bittle and Jean Johnson

This country really needs to start thinking seriously about cutting spending, raising taxes, or doing some of both. The United States is a wealthy nation. We're not Haiti. There's no fundamental reason our government can't live within its means. But so far, it doesn't even deserve an "E" for effort.

Another 3/4 Point Rate Cut Coming?

CNBC | Posted 03.28.2008 | Business


Forget a half-point cut. Wall Street is now speculating that the Federal Reserve will lower interest rates another three-quarters of a point next week...

US Trade Gap Widens In October To $57.8 Billion

Reuters Via CNBC | Posted 03.28.2008 | Business


The U.S. trade deficit widened slightly more than expected in October, as a record high price for imported oil over-powered the export-spurring benefi...