Videos

Treasury Secretary Jack Lew testified on raising the debt limit. In his remarks he warned the committee that failing to raise the debt ceiling could cause havoc in financial markets, which rely on U.S.…

The U.S. Senate convenes to resume consideration of S Con Res 8, the budget resolution for fiscal 2014, offered by Budget Committee Chairman Senator Patty Murray (D-WA).

Robert Greenstein and Douglas Holtz-Eakin testified on the U.S. economic and budgetary outlook. Hr. Holtz-Eakin cited entitlement spending as an area needing reform. Mr. Greenstein…

Senate Finance Committee Chairman Max Baucus (D-MT) called on Congress to extend the Bush-era tax cuts on incomes under $250,000 and avoid another damaging fight over the debt ceiling. He said the…

General Services Administration (GSA) officials testified at a hearing on the investigation of their agency and its overall culture of wasteful spending. The hearing focused on rooting out…

Secretary Sebelius testified about the fiscal year 2013 Health and Human Services budget.

Secretary Geithner testified on the Treasury Department’s fiscal year 2013 budget request. He said President Obama’s $3.8 trillion package will reduce deficits significantly over time and…

A House-Senate Conference Committee met in an attempt to break the deadlock over a Social Security payroll tax cut extension.

A House-Senate Conference Committee met in an attempt to break the deadlock over a Social Security payroll tax cut extension.

A House-Senate Conference Committee met in an attempt to break the deadlock over a Social Security payroll tax cut extension.

Former officials tasked with finding a solution to the nation’s debt and deficit problems testified about their previous attempts to offer solutions and the work of the Joint Select Committee on…

Douglas Elmendorf testified before the Joint Select Committee on Deficit Reduction. In his remarks he talked about the state of the economy and deficit spending, saying that larger short-term deficits…

The Joint Select Committee on Deficit Reduction held its first meeting. The bipartisan supercommittee aims to recommend $1.2 trillion in budget deficit reduction over a ten-year period.…

Douglas Elmendorf testified on discretionary federal spending at a hearing of the Joint Select Committee on Deficit Reduction. Among the topics he addressed were defense spending, tax policy,…

Thomas Barthold testified on individual and corporate tax rates before the Joint Select Committee on Deficit Reduction hearing on tax code reform. The bipartisan Select Deficit Reduction…

Business executives testified on ways to reform U.S. tax code. In their remarks they expressed unanimous support for tax reforms that would lower the corporate tax rate and eliminate special…

Health and Human Services Secretary Kathleen Sebelius testified about the President’s $891 billion 2012 spending request for her department. Senators asked questions about implementing the…

The National Commission on Fiscal Responsibility and Reform held a meeting as part of its series of public meetings onpossible changes to the federal budget process. Witnesses included two…

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 Commission on Fiscal Responsibility and Reform held a meeting to discuss potential ways to reduce the federal deficit. The bi-partisan commission was charged with identifying…