Brian Faler, Bloomberg

• U.S. Deficit to Hit $1.1 Trln in 2012

  By Brian Faler, Bloomberg  |  August 22, 2012

  Spending cuts and taxes increases scheduled for January could push economy into recession, CBO says.

• CBO Warns U.S. Risks Fiscal Crisis

  By Brian Faler, Bloomberg  |  June 5, 2012

  Significant changes needed in tax and spending policies, agency says.

• ‘Fiscal Cliff’ May Mean Recession

  By Brian Faler, Bloomberg  |  May 22, 2012

  CBO warns that tax hikes, government spending cuts could squelch U.S. growth.

• Congress Revisits Debt Limit

  By Brian Faler, Bloomberg  |  January 17, 2012

  Legislators unlikely to make big decisions until after November election.

• Lawmakers Look at 2-Month Fix

  By Brian Faler, Bloomberg  |  December 16, 2011

  Deal would extend expiring payroll tax cut and unemployment benefits.