Congressional Budget Office

WASHINGTON — President Obama and Republican leaders in Congress made history of sorts last year when they agreed to a 10-year plan to reduce annual deficits with spending cuts and no tax increases. Mr. Obama vows not to let it happen again. Both he and S Full Article at The New York Times

In which we bring you motoring news from around the Web: • Casey Stoner, the winner of the 2007 and 2011 MotoGP championships, abruptly announced his retirement Thursday, effective at the end of the 2012 season. Stoner, 26, the rider for Repsol Honda, sa Full Article at The New York Times

According to Tim Geithner, we won't hit the debt ceiling until a few months into 2013. By that time, either the Bush tax cuts will have already expired and the automatic spending cuts will have already begun or the parties will have come to some big fisc Full Article at The Washington Post

On Tuesday, Speaker John Boehner took the stage at the Peter G. Peterson’s 2012 Fiscal Summit and outlined his intentions to again threaten the Obama administration with default in order to extract concessions on spending. I wrote a bit about why Boehner Full Article at The Washington Post

(Charlie Neibergall/AP) “When you add up his policies, this President has increased the national debt by five trillion dollars.” In a speech in Iowa, the former Massachusett Full Article at The Washington Post

When Federal Reserve Chairman Ben S. Bernanke, Pimco chief executive Mohamed el-Erian and the Economist all say we should worry about something, we usually should. Right now, they’re warning about the “fiscal cliff” — spending cuts and higher tax rates t Full Article at The Washington Post

CONGRESS IS BATTLING over whether to approve the Keystone XL oil pipeline , proposed for the heart of the country. The project has clear value to the United States. Yet, with all the amped-up rhetoric, it is important to remember what the project would n Full Article at The Washington Post

WASHINGTON — The House on Thursday approved sweeping legislation to cut $310 billion from the deficit over the next decade — much of it from programs for the poor — and to shift some of that savings to the Pentagon to stave off automatic military spendin Full Article at The New York Times

My colleague E.J. Dionne writes : Right now, it’s conservatives who want to follow the Western European path of austerity that voters in France and Greece rejected last weekend. The Obama administration, by contrast, has chosen a distinctly American path Full Article at The Washington Post

WASHINGTON, May 9, 2012 /PRNewswire-USNewswire/ -- Dr. Carol Olander, former Director of SNAP Research and Analysis at the U.S. Department of Agriculture's Food and Nutrition Service and former White House spokesman Robert Weiner were moved to action aft Full Article at PR Newswire

Luke Sharrett for The New York Times Representative Paul D. Ryan, center, with Representative Chris Van Hollen, the ranking Democrat, at a budget panel session. WASHINGTON — The Republican-led House this week will lay bare the choice between social progr Full Article at The New York Times

The Republicans promoted tax reform on Saturday, while assailing President Obama over the growing federal debt that is heading toward $16 trillion. "The president punts on almost every tough decision," said Sen. Bob Corker, R-Tenn. , in the weekly Republi Full Article at USA Today

The direct loss of wealth from dot-com bust was about the same size as from the housing meltdown. Perhaps even a bit less. So why did one create so much more economic damage than the other? The difference, writes Peter Orszag, is that the housing crisis Full Article at The Washington Post

Simon Johnson is the Ronald A. Kurtz Professor of Entrepreneurship at the M.I.T. Sloan School of Management and co-author of “ White House Burning: The Founding Fathers, Our National Debt, and Why It Matters to You .” The conventional wisdom in American Full Article at The New York Times

WASHINGTON, May 1 (UPI) -- U.S. House Republicans said they don't plan to pay for extending the Bush-era tax rates, a move some say could erase deficit reductions they've achieved. President Obama and congressional Democrats want to extend tax rates for Full Article at United Press International

Bruce Bartlett held senior policy roles in the Reagan and George H.W. Bush administrations and served on the staffs of Representatives Jack Kemp and Ron Paul. He is the author of “ The Benefit and the Burden: Tax Reform – Why We Need It and What It Will Full Article at The New York Times

IN JULY, THE interest rate on certain federal student loans will double, to 6.8 percent. Who could want that? Not President Obama or Mitt Romney, both of whom railed against the scheduled increase last week. And not Senate Democrats or House Republicans Full Article at The Washington Post

Lawrence Summers, a former economic adviser to President Obama, was Treasury secretary in the Clinton administration. He writes a monthly column for The Post. Political arithmetic is always suspect, and one should always examine carefully the claims of t Full Article at The Washington Post

Romney adviser Glenn Hubbard’s op-ed in yesterday’s Wall Street Journal has already attracted plenty of criticism from the White House and liberal pundits for his claim that President Obama’s budget would require “an across-the-board tax increase of 11% Full Article at The Washington Post