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Congress' budget scorekeeper slashed its estimate of the federal government's deficit for 2014 from $560 billion to $514 billion, which would be the smallest deficit since before the financial crisis. (Photo: Thinkstock)
Economy

CBO: Deficit will drop to $514 billion this year

Joseph Lawler -
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Speaking at a Christian Science Monitor media breakfast, Furman said that
Economy

White House economic adviser: Declining fiscal drag reason for optimism in 2014

Joseph Lawler -
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The Federal Reserve announced no significant changes to U.S. monetary policy Wednesday afternoon, meaning that its $85 billion-a-month bond-buying program will remain in place and at its current size for now. (Photo: Thinkstock)
Economy

Federal Reserve keeps stimulus in place in October meeting

Joseph Lawler -
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U.S. Chamber of Commerce President and CEO Thomas Donohue, shown above with President Obama on Feb. 7, 2011, expressed displeasure with Tea Party Republicans over the government shutdown. (AP Photo/Charles Dharapak)
Economy

Angry business groups consider challenging Tea Party incumbents

Rebecca Berg -
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Speaking out for the first time since dropping a high-profile bid to become Federal Reserve chairman, Harvard professor Larry Summers struck an unusually aggressive liberal tone Thursday morning, denouncing the
Economy

Larry Summers: Austerity has been a ‘grievous error’

Joseph Lawler -
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Treasury Secretary Jack Lew is relatively sanguine about the health of the U.S. economy, even as a series of further budget showdowns are scheduled for upcoming weeks. (AP File)
Economy

Jack Lew on the debt ceiling crisis: This can never happen again

Joseph Lawler -
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The news conference of Fed Chairman Ben Bernanke appears on a television screen at a post on the floor of the New York Stock Exchange Wednesday, Sept. 18, 2013. The Federal Reserve has decided against reducing its stimulus for the U.S. economy, saying it will continue to buy $85 billion a month in bonds because it thinks the economy still needs the support. (AP Photo/Richard Drew)
Economy

The week ahead in economics: Fiscal debates and more Federal Reserve intrigue

Joseph Lawler -
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In this photo taken Monday, Sept. 16, 2013, President Barack Obama pauses as he speaks in the South Court Auditorium on the White House complex, in Washington. Obama, facing a budget showdown with Congress, is pushing his economic agenda to some of the nation's top corporate executives today while cautioning Republicans not to precipitate a government shutdown or an unprecedented debt default. (AP Photo/Pablo Martinez Monsivais)
Economy

Obama: GOP using debt limit to ‘extort’ me over budget

Brian Hughes -
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Economy

Treasury Secretary Jack Lew ‘cautious and anxious’ about a debt default

Joseph Lawler -
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Mike Lee pushes $40,000-per-child tax cut
Beltway Confidential

Mike Lee pushes $40,000-per-child tax cut

Joel Gehrke -
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