OMB

Mid-Session Review to Report Lower 2009 Deficit

August 20 - Next Tuesday the Office of Management and Budget (OMB) will release their Mid-Session Review of the budget. They plan to announce that...

Record Monthly and Yearly U.S. Deficit

August 18 - According to Bloomberg, last month's budget deficit hit a record $180.7 billion, higher than any month in U.S. history.Spending in July...
Concept_Medicare_Nursing Home

Administration Urges Creation of Independent Medicare Advisory Council to Help Control Costs

July 17 - Today OMB Director Orszag urged Speaker Pelosi to support a Base Realignment And Closure-like (BRAC) process for reviewing Medicare changes...
Concept_DC_White House

Understanding the President’s PAYGO Proposal

Yesterday, President Obama announced his support for enacting statutory pay-as-you-go (PAYGO). Under the President's proposal, OMB would maintain...

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