THU, FEBRUARY 18, 10:40 AM EST
This morning, the President signed an executive order establishing a new, bipartisan National Commission on Fiscal Responsibility and Reform. The Commission’s co-chairs – former Clinton White House Chief of Staff Erskine Bowles and former Republican Senate Whip Alan Simpson – will bring Republicans and Democrats together to help tackle one of our looming fiscal challenges.
TUE, FEBRUARY 16, 3:40 PM EST
Last week, as snow forced federal offices to close, OMB was hard at work opening up more of the Federal government – at least online. Today, we are debuting the OIRA Dashboard, an easy-to-use website that will allow people to track the progress of federal rules and regulations that have been submitted for interagency review and find other relevant information about the Office of Information and Regulatory Affairs (OIRA). Putting this information online and in an accessible format is one of the ways that OMB is applying the principles of the Open Government Directive to rulemaking and regulatory policy.
TUE, FEBRUARY 2, 12:31 PM EST
It’s been a day since the 2011 Budget was released, and analysts and journalists have written about what it means for individual agencies, specific issues, and states. But let’s not lose sight of the big picture. The President’s Budget represents an important step towards fiscal sustainability: it put forward $1.2 trillion in deficit reduction over the next ten years, even excluding savings from the assumed ramp-down in war funding over time. Including these war savings, the deficit reduction proposed in the President’s Budget rises to $2.1 trillion.
MON, FEBRUARY 1, 6:15 PM EST
Nearly a year ago, the Congress and the President joined together to enact the American Recovery and Reinvestment Act, one of the most sweeping economic recovery efforts in our nation’s history. Since then, and although more steps can and should be undertaken to promote job growth, the Recovery Act has spurred economic activity and thereby helped to avert a depression.
