There’s debate over whether the President’s fiscal commission should focus on total federal debt or just the part of the debt that is held by private investors and foreign countries. Either figure, however, is high by historical standards.No one can…
Today the Senate began considering the $59 billion supplemental spending bill (HR 4899) that the Senate Appropriat (more…)
At first glance, circumstances may seem even less favorable for Social Security reform than under the last two presidential administrations. But that may not really be the case. This year, for the first time since 1983, it is expected that…
The Senate Appropriations Committee has approved a supplemental appropriations bill which, according to its preliminary estimates, will provide $58.8 billion in additional funding for this fiscal year.The bill includes $33.5 billion for military operations in Afghanistan and Iraq, counter-terrorism, and…