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As the political squabbling has continued over proposed cuts in a small part of the federal budget, dozens of fiscal, economic experts and business leaders renewed calls for President Obama and Congress to begin serious talks aimed at developing a…


House Budget Committee Chairman Paul Ryan today released a budget plan that promises to cut projected deficits by more than $1.6 trillion over the coming decade. While this is a serious and commendable effort, the plan’s policy mix is unlikely…


Moe, Larry and Curly are fighting in the back seat of the car. No one is in the driver’s seat. As the boys settle down, Curly looks up and says, “Hey, don’t look now but we’re about to be killed.”…


Budget-watchers in Washington are interested to see how Republican Paul Ryan, chairman of the House Budget Committee, will write a budget to achieve the sometimes conflicting aims of his conference.Republicans say voter anger over deficits last fall helped them take…


The battle over this year's budget, including the growing possibility of a government shutdown, has temporarily overshadowed the larger, long-term fiscal picture. But the Government Accountability Office (GAO) recently updated its January report on the long-term outlook with numbers that…


Mar 28, 2011
The temper tantrums, blame-throwing and unrealistic thinking in Washington sometimes resemble an unruly elementary school classroom rather than a mature, deliberative national government.That’s particularly true when the subject is the federal budget, where the political debate often degenerates into an…


Since the early 1990s, public pension reforms in countries in the Organization for Economic Cooperation and Development have reduced future benefits by an average of 20 percent.But a new O.E.C.D. report says further reforms will be necessary for these national…


Budget-watchers in Washington are quite interested in how Republican Paul Ryan, chairman of the House Budget Committee, will write a budget that will achieve the numerous and sometimes conflicting aims of his conference. (more…)


With the aging of the population expected to strain government resources in the coming decades, it is crucial for Americans to save substantial amounts of money for retirement. Unfortunately, many fail to do so.Only about six in 10 workers report…


Alice Rivlin of the Brookings Institution focused on the importance of Medicare reform in testimony to both the Senate and House budget committees last week, suggesting that the program should shift to a "premium support" model beginning in 2018.Under such…


With unsustainable deficits projected over the coming decade, President Obama and the House of Representatives should embrace a call from 64 senators of both parties to “engage in a broader discussion about a comprehensive deficit reduction package.”The need for such…

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