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Federal Reserve Chairwoman Janet Yellen warned Friday that one negative byproduct of an improving economic outlook could be more dramatic market movements as the U.S. central bank cautiously moves toward raising short-term interest rates for the first time since the financial crisis. (AP/Susan Walsh)
Economy

Yellen warns: More stock market volatility ahead

Joseph Lawler -
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Kansas governor Sam Brownback received a vote of confidence in his controversial tax cut program Thursday as the Cato Institute gave him the top rating on its annual fiscal policy report card. (AP Photo)
Economy

Sam Brownback tops fiscal ranking of governors

Joseph Lawler -
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The Omnibus Crime Bill caused the number of state prisoners to soar, increasing by more than 45 percent, and the number in federal prisons more than doubled. The number of inmates in American prisons and jails grew from 1.01 million in 1994 to 2.3 million today. (iStock Photo)
Crime

The many costs of the ’94 crime bill

Pat Nolan -
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Benefits for workers unemployed for longer than 26 weeks expired in December, despite Democrats' efforts to extend the program for another year. (iStock)
Economy

Improving job market complicates push to renew unemployment benefits

Joseph Lawler -
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(iStock Image)
Op-Eds

Puerto Rico’s financial crisis may need a Washington solution

Elias Gutierrez -
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President Obama's budget will require lawmakers to make cuts. AP Photo
Senate

Obama aloofness hits new height on budget, sparks Hill anger

Paul Bedard -
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The week ahead in economics: Clarifying Janet Yellen, the debt and consumer confidence
Economy

The week ahead in economics: Clarifying Janet Yellen, the debt and consumer confidence

Joseph Lawler -
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Though the federal debt issue has largely been forgotten in D.C., a Tuesday report from the Congressional Budget Office reminds us that it's far from gone. (AP Photo/ Evan Vucci)
Beltway Confidential

Federal debt may be forgotten, but it’s far from gone

Philip Klein -
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The Republican leadership is informally whipping the a proposal to raise the debt ceiling that would include legislation to repeal Obamacare's
Healthcare

House GOP could attach Obamacare provision to debt ceiling

David M. Drucker -
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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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