Videos

The National Commission on Fiscal Responsibility and Reform held a public meeting to discuss the final commission proposal. A vote on the proposal was scheduled for later in the week and…

The National Commission on Fiscal Responsibility and Reform held its inaugural meeting in the White House Conference Center. The commissioners discussed the nation’s long-term fiscal…

The National Committee on Fiscal Responsibility and Reform held a public meeting on the outlook for the national debt and ways in which deficit reduction might impact the U.S. economy.…

Douglas Elmendorf testified before the House Budget Committee on the 2010 federal budget and economic outlook. In his testimony he said the pace of the U.S. economic recovery will be “slow in the…

President Obama made closing remarks to members of Congress, senior administration officials, business leaders, policy makers and economists at a fiscal summit to examine fiscal…

The chairs of the House and Senate Budget Committees talked about the deficit estimates released by the Congressional Budget Office (CBO). The CBO released a report that the deficit would…

The chairmen of the House and Senate Budget Committees talked about the new deficit projections in the Office of Management and Budget’s mid-session review of the fiscal year 2009 budget.…

In his first appearance before the committee, Chairman Bernanke testified about the fiscal challenges to the U.S. economy. Topics included the federal budget deficit, interest payments on…

The ranking members of the Senate and House Budget Committees responded to the Office of Management and Budget fs mid-session economic review. The warned that reduced deficit estimates…

Senate and House Budget Committees' ranking members Senator Conrad and Rep. Spratt talked with reporters about their reaction to the annual report on the federal budget and economic…

Mr. Bolten testified about the revised estimates of a lower budget deficit, receipts, outlays, and Budget Authority for Fiscal Years 2005-2010. He also talked about past and current tax…

Senators spoke to reporters about a new economic report showing lower than expected levels of federal deficits. They stressed the differences between the deficit and national debt, the…

Director Bolton testified about President Bush’s fiscal year 2006 budget. He was questioned extensively about the president’s Social Security reform proposal, including a partial change to…

The ranking members of the House and Senate Budget Committees, respectively, talked with reporters about the new Congressional Budget Office’s analysis of the federal budget. They said a…

Committee members and witnesses discussed the federal budget deficit and its impact on young people. They attributed growing deficits to President Bush’s “tax cuts without offsets,” which…

Senator Kent Conrad, D-ND, and Representative John Spratt, D-SC, spoke to reporters about recent projections that showed the year’s federal deficit would be the largest ever. They also…

Sen. Conrad and Rep. Spratt spoke to reporters about the federal budget deficit. They described recent information that indicates the deficit for 2004 will be the largest in U.S. history. They…

Mr. Holtz-Eakin testified about a Congressional Budget Office report on the economic forecast and the federal budget. He talked about the size of projected deficits, assumptions underlying…

The leading Democrats on the House and Senate Budget Committees, Representative John Spratt D-SC and Senator Kent Conrad D-ND, held a press conference and talked about the Congressional Budget…

Rep. John Spratt, Democrat from South Carolina, talked about President Bush’s $87 billion supplemental budget request for operations and reconstruction in Iraq and Afghanistan. He also…