Congress
  • Grim Deficit Outlook in New CBO Report

    The CBO lopped $46 billion off of its projection for the federal deficit this year, but long-term trends showed an increase in the cumulative deficit of $1 trillion over ten years.

  • CBO Future Shock: Economy Will Struggle for 7 Years

    The economy will grow at “a solid pace” in 2014 and for several years thereafter following a frustratingly slow recovery from the Great Recession, according to a new Congressional Budget Office...

  • House GOP Raises Hope for Immigration Reform

    The news that Speaker John Boehner and other House GOP leaders are willing to consider granting legal status to many of the 11 million illegal immigrants as part of a package of reforms largely aimed...

  • Presidential Power, Bipartisan Hypocrisy

    By Bruce Bartlett, The Fiscal Times

    I am not a big fan of the common view that Republicans and Democrats are equally guilty of various things that the general public abhors about the way Washington works. In my view, one side is almost...

  • Henry Waxman, 20-Term Democrat, to Retire

    By Karen Tumulty, The Washington Post

    Rep. Henry A. Waxman (D-Calif.), one of the most prolific and successful lawmakers of the modern era, has decided to retire at the end of this congressional session. “Forty years have gone by very...