Federal Reserve Chairman Ben Bernanke is urging Congress to focus on achieving long-run fiscal sustainability in the federal budget while avoiding action that could “impede the ongoing recovery.”These two objectives are compatible, Bernanke assured the Joint Economic Committee in his…
Iowa residents were urged last week to help focus the 2012 election on fixing the federal government’s long-term budget problems. Two prominent experts on the federal budget emphasized that point to college students, business and civic leaders, journalists and others…
This afternoon the House is scheduled to consider a continuing resolution (CR) to fund the government through Nov. 18 at the $1.043 trillion level included in the debt limit law. The government is currently operating under a short-term continuing resolution…
Members of the new congressional committee on deficit reduction are showing considerable interest in the idea of revamping the tax code. At a public hearing last Thursday, however, lawmakers on the panel expressed differing views over what changes should be…
