The government wrapped up Fiscal Year 2010 last week but let’s skip the champagne. The likely 2010 deficit of approximately $1.3 trillion and the previous year’s deficit of $1.4 trillion were the two largest federal deficits since World War II.But…
When Congress soon leaves the Capitol for the campaign trail, a long list of unfinished business will likely be left behind. This year will mark the first year since the modern budget process was created in 1974 that no budget…
A rational debate about tax policy should include whether to let the 2001 and 2003 tax cuts expire, says Concord Coalition Executive Director Robert Bixby. That would bring federal revenues up to about 20 percent of GDP by 2020 --…
Defense Secretary Robert Gates, who hopes to save the Pentagon $100 billion over the next five years, has explained in more detail how he plans to do so.Gates said contracting would be made more efficient and productive in a speech…