Topic: Committee for a Responsible Federal Budget
The bipartisan deficit 'super committee' is charged with finding $1.5 trillion in savings over 10 years. Can it find $450 billion more to fund Obama's jobs plan? Can it find $4 trillion? More?
09/14/2011 06:49 pm
The task of reining in the national debt lies in the hands of a super committee of 12, which gets down to business now that Congress is returning from its summer break.
09/06/2011 02:50 pm
Added to the political question of whether either one of the competing debt-limit plans can pass Congress is a practical question from the nonpartisan CBO: How much will they cut the deficit?
07/27/2011 05:05 pm
The proposal by the 'Gang of Six' senators Tuesday draws on ideas from the deficit commission. The middle-of-the-road plan will have to overcome partisan concerns and a lack of time.
07/19/2011 10:53 pm
Debt ceiling talks could result in a $4 trillion 'grand bargain,' or a smaller $2 trillion deal. Most economist say the bigger deal would be more helpful – and send a positive message to markets.
07/11/2011 06:25 pm
Ben Bernanke, head of the Federal Reserve, suggested Wednesday that lawmakers should instead focus on cutting the deficit over the medium to long term, in light of the slow recovery.
06/22/2011 07:27 pm
AARP won't oppose cutting Social Security benefits anymore, which shows that the organization understands what it means to make tough choices
06/17/2011 04:56 pm
Fed chief Bernanke avoids taking a position on taxes while telling Congress it must act 'in a timely manner' to reduce the deficit. Failing to raise the debt limit, he says, would be a costly mistake.
06/14/2011 07:58 pm
The Dow gained about 123 points, and the Nasdaq gained about 39 points, led by gains in energy
06/14/2011 06:23 pm
One of the few potential points of bipartisan compromise in the budget stalemate is reining in tax breaks. A Senate vote Tuesday could reveal whether GOP senators are on board.
06/14/2011 12:23 pm