The Congressional Budget Office (CBO) released new projections last week that show why Washington should commit to long-term fiscal reforms while dealing with some important budget decisions that must be made by the end of this year. “Once again, CBO’s…
President Obama signed legislation last week requiring the administration to report within 30 days on how it plans to implement “automatic” spending cuts that are required next year because a congressional “super committee” failed to agree on a deficit-reduction plan.…
Mitt Romney’s selection of House Budget Chairman Paul Ryan as his running mate put a spotlight on differences between the two parties over federal budget priorities and how best to put the budget on a more responsible and sustainable course.Since…