Videos

The Senate Budget Committee held a hearing on the fiscal year 2013 budget resolution based on the Bowles-Simpson deficit reduction plan.

Senate Budget Chair Kent Conrad (D-ND) announced that he will introduce a fiscal year 2013 budget resolution for markup in the committee to begin. The resolution is based on the Simpson-Bowl…

Secretary Leon Panetta, General Martin Dempsey, and Comptroller Hale testified on the Defense Department fiscal year 2013 budget request.

Secretary Ray LaHood testified on the 2013 Transportation Department budget request.

Jeffrey Zients testified on President Obama’s fiscal year 2013 budget proposal.

Federal Reserve Chair Ben Bernanke testified on the U.S. economic outlook for the year and future of economic growth. In his remarks he urged senators to resolve differences over payroll tax…

Economists testified on the European debt crisis and the outlook for the eurozone. They said that the U.S. should treat the crisis as a wake up call and urged lawmakers to bring down debt an…

Douglas Elmendorf testified on the new Congressional Budget Office outlook on the federal budget and U.S. economy. He said that the U.S. would face unemployment around 8.9% and slow economic…

Economists told the Senate Budget Committee that they expected modest economic growth over 2012, but they all agreed that the economic recovery was fragile. They pointed to uncertainty in th…

House and Senate Budget Committee conferees worked on a final version of the budget reconciliation bill, which attempts to balance the federal budget in seven years.

Doug Elmendorf testified on the effect of the federal budget on the economy, and various strategies for dealing with the long-term debt and unemployment. In his testimony he said he expected…

Witnesses testified about efforts to create job growth. They also talked about the president’s jobs proposal before Congress, proposed tax reforms, enhancing federal revenues, and infrastruc…

The co-chairs of the National Commission on Fiscal Responsibility and Reform, Alan Simpson and Erskine Bowles, testified on the commission’s final report. The commission was a bipartisan gro…

Senate Budget Committee Chair Kent Conrad spoke to reporters following a hearing on the report of the National Commission on Fiscal Responsibility and Reform, created by President Obama to a…

The Senate Budget Committee held a hearing on U.S economic recovery efforts. Among the issues they addressed were the severity of the fiscal crisis, unemployment rates, the housing market, a…

The Senate Committee on the Budget held a hearing to examine tax reform. The committee heard testimony from C. Eugene Steuerle, Urban Institute, and Donald B. Marron, Urban-Brookings Tax Pol…

Witnesses testified about the long-term economic outlok and about proposals for a summit to address the nation’s economic problems, including the $14 trillion dollar debt. Senator Kent Conra…

Doug Elmendorf testified on the latest Congressional Budget Office economic and budget outlook for 2011-2012.

Federal Reserve Chairman Bernanke testified about the state of the economy, governmental financial policy, and federal spending priorities. Among his comments he said the U.S. economy is sig…