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Deficit reduction talks this year have largely taken place behind closed doors, without engaging the public in any meaningful way. But Robert L. Bixby, executive director of The Concord Coalition, argues that the dozen lawmakers who have been appointed to…


Congressional leaders last week appointed the joint committee charged with finding most of the savings promised in the recent deal to raise the debt limit.Sen. Patty Murray (D-Wash.) and Rep. Jeb Hensarling (R-Tex.) will chair the new panel, widely referred…


This post originally appeared on The American Square (more…)


Projections by the Congressional Budget Office make it clear that future choices about tax policy -- and particularly about expiring tax cuts -- will be a critical factor in the country’s fiscal outlook for many years to come.Republicans counted it…


The new debt limit law includes a trigger that would impose severe spending cuts if legislation to reduce the deficit by more than $1.2 trillion has not been enacted by Jan. 15, 2012. It was designed to give an incentive…


In the week since President Obama signed the debt limit deal into law, stock prices have become highly volatile, Standard & Poor’s dropped its U.S. credit rating a notch below AAA, and political maneuvering began over the special congressional committee…


Members of the new Congressional Joint Committee on Deficit Reduction will have a threshold decision to make: Do they want to take their mandate seriously?If the answer is yes, they will likely have to make decisions in the public interest…


In this debt-limit game of musical chairs, the music has stopped and it’s time to grab a seat. The only one available is the deal worked out by congressional leaders and the Obama administration over the weekend. It is not…


The Comeback America Initiative has released a report with illustrative options to put the country on a sustainable fiscal path under two different scenarios. The report, "Restoring Fiscal Sanity,” includes options on domestic and defense spending, entitlement reform and tax…


Underscoring the high stakes involved for younger Americans, student body presidents from more than 120 colleges around the country have called on President Obama and congressional leaders to set partisan politics aside, raise the federal debt ceiling and agree on…


With time running short to raise the federal debt limit, Republicans and Democrats are planning votes this week on competing plans that President Obama and House Speaker John Boehner championed in speeches to the country Monday night.Obama called for “shared…


By Ryan SchoenikeThe debate over our nation’s finances has now reached what seems to be common place in Washington. As our country sits on the verge of default, both parties have retreated to their partisan foxholes, only coming out to throw…

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