Congress
  • Financial Reform Reneges on Too Big to Fail

    By Eric Schurenberg, The Fiscal Times

    HBO announced last week that it will release Too Big to Fail on May 23rd, a film based on Andrew Ross Sorkin’s book. Viewers will judge the film partly on how well it captures the desperation of late...

  • Obama to Challenge Ryan Deficit Plan on Tax Cuts

    By John Berry, The Fiscal Times

    On Wednesday, President Obama plans to offer a counterproposal to Rep. Paul Ryan’s new plan to solve the federal government’s long-term deficit problems. Ryan, chairman of the TK, offers only two...

  • U.S. Budget Crisis: Lessons from the Brits

    The government shutdown may have been averted, but the fiscal dispute confronting Washington is about to get even louder. Congress once again has to agree to raise the debt limit or default on our...

  • CRUNCH TIME! Government on the Verge of Shutdown

    By Adam Corey Ross, The Fiscal Times

    Democrats and Republicans continue to talk past each other, signaling it might be too late to overcome their disagreements, which include the size of spending cuts and the appending of policy riders...

  • No Deal as Parties Clash over Source of Impasse

    By PAUL KANE and Philip Rucker and David Fahrenthold, The Washington Post

    With a government shutdown less than 12 hours away, it has come to this: Top Democrats and Republicans both said Friday morning that key disagreements are holding up a deal on the budget. But they...