The Gallup unemployment survey isn't the same as the Labor Department unemployment index, but it's close. Will this come up in the GOP presidential debate Tuesday night?
Voters will have a fundamental choice between reducing spending and getting the programs they want.
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?
The deal earlier this month that calls for big reductions in government spending will cut federal budget deficits in half over the next decade, the CBO projected Wednesday.
Warren Buffett says he pays less in federal taxes than lesser paid Americans. Where do Warren Buffett's numbers come from?
As if Congress needed any more reminding, the national debt will soon get out of control without significant tax hikes or spending cuts – or both, the CBO said Wednesday.
Congressional Budget Office Director Douglas Elmendorf discussed the "dangerous gamble" of a potential American default on its debt ceiling, the heavy impact of even slight shifts upward in US borrowing costs and his belief that a "great deal of the pain of this downturn lies in front of us still" at a June 14 Monitor breakfast.
The rising number of seniors and the increase in health-care costs means the US government will have to cut some things it has done in the past or raise taxes, says Douglas Elmendorf, director of the Congressional Budget Office (CBO).
Congressional Budget Office (CBO) Director Douglas Elmendorf said he could not predict with precision what would happen if Congress can't come to a compromise over increasing the US debt limit and a default takes place.