Senate Budget Committee

Crisis Averted: Long Division Ace Fixes U.S. Budget

Pablo Andreu | Posted 09.14.2011

Pablo Andreu

Aaron Ryder, a schoolboy from Raleigh, North Carolina, today solved America's debt crisis by applying long division best practices to the country's budget.

Sen. Conrad Unifies Dems Against Ryan Budget. Yes, Kent Conrad!

Roger Hickey | Posted 06.05.2011

Roger Hickey

I never thought I'd have the opportunity to thank Senator Kent Conrad, whose finest hour before retirement could be to help rally his party to fight Paul Ryan.

The Social Security Lock Box Hoax and the National Debt

Robert Auerbach | Posted 05.25.2011

Robert Auerbach

Anyone who has examined the U.S. Treasury and the central bank (the Federal Reserve) records knows the national debt clocks on the internet and in New York City generally display one misleading number.

Budget Deficit To Hit $1.48 Trillion

Posted 05.25.2011

WASHINGTON (By Richard Cowan and Kim Dixon) - The U.S. budget deficit this year will jump nearly 40 percent over prior forecasts, mostly due to the m...

Retail Sales Rise For The Sixth Month In A Row

The Huffington Post | Abby Wendle | Posted 05.25.2011

Despite Federal Reserve chairman Ben Bernanke's expectations of only moderate economic growth this year, Americans are less worried about losing their...

Ryan Grim

Senate Test Vote Shows Broad Support For Breaking Up Banks

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011

A test vote in the Senate Budget Committee on Thursday showed stronger support in the chamber for breaking up big banks than had previously been suspe...

Deficit Commission Gains Traction In White House

Posted 05.25.2011

A bi-partisan commission that would tame the federal deficit by limiting cost-cutting decisions to a select number of lawmakers is gaining traction in...

Senate GOPers: We'll Block Health Care Under Reconciliation

The Hill | Alexander Bolton | Posted 05.25.2011

Sen. Judd Gregg has hundreds of procedural objections ready for a healthcare plan Democrats leaders want to speed through the Senate....

Grassley 'Getting Reamed Out' By GOP On Health Care

Washington Post | Ezra Klein | Posted 05.25.2011

Most of the commentary on Chuck Grassley's truculence and back-pedaling has focused on his potential primary challenge and fear of the Iowa electorate...

At Least We All Now Know What the Health Care Reform Debate Is About

Stanton Peele | Posted 05.25.2011

Stanton Peele

The following five developments made clear that America is not prepared for what it must do in regard to health care reform.

Conrad: Public Plan Doesn't Have The Votes In Senate

The Washington Post | Posted 05.25.2011

Earlier today, Sen. Kent Conrad, the North Dakota Democrat who chairs the Senate Budget Committee, introduced a "potential compromise" on the public p...

Geithner Defends Spending Plan, Says Increases Are Short Term

AP | JIM KUHNHENN | Posted 05.25.2011

WASHINGTON — Confronting misgivings, even in his own party, President Barack Obama mounted a stout defense of his blueprint to overhaul the econ...