A recently released paper by Charles Blahous, one of the two public trustees for Social Security and Medicare, has received considerable attention because of its discussion of trust fund accounting and the 2010 Affordable Care Act. The annual report from…
On Friday President Obama signed legislation to extend surface transportation programs for an additional 90 days. Earlier last week, the House passed the extension on a 266-158 vote and the Senate passed the bill by voice vote. The previous authorization…
A fiscal reform plan based on comprehensive recommendations by a bipartisan majority of the Simpson-Bowles commission made it to the House floor last week, where 22 Democrats and 16 Republicans joined to give it their support. Although a House majority eventually…
Student loan debt appears to have recently surpassed $1 trillion, far higher than previous estimates had indicated, according to the federal Consumer Financial Protection Bureau (CFPB).“Unlike other consumer credit products, student debt keeps growing at a steady clip,” said Rohit…