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As concern about long-term federal deficits and debt mounts, some policy experts in Washington have been discussing the possibility of a value-added tax (VAT). Some envision it as a replacement for current taxes while others favor it as an add-on…


Public concern about the nation’s rising debt burden is beginning to have an impact on the legislative agenda. That much was evident as the House passed a scaled back “extenders” bill (H.R. 4213) on May 28 by a slim margin.…


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…


Below are a few budget items we have been following, since the last edition of the Washington Budget Report (


May 26, 2010
While we publish a weekly Washington Budget Report (sign up here), we wanted to direct your attention to some other budget items we are watching this week. (more…)


Today the Senate began considering the $59 billion supplemental spending bill (HR 4899) that the Senate Appropriat (more…)


The extenders bill that the House will consider this week is a timely reminder of why it is important for Congress to complete action on a budget resolution. A budget resolution continues to elude Congress, but there has been considerably…


The President’s Bipartisan National Commission on Fiscal Responsibility and Reform is scheduled to hold its second full meeting this Wednesday morning. At the request of panel members, the Congressional Budget Office is providing the commission with budget projections and other…


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…


Today the Senate began considering the $59 billion supplemental spending bill (HR 4899) that its Appropriations Committee approved last week. The bill includes emergency funding for priorities such as military operations in Iraq and Afghanistan, disaster assistance and veterans disability payments.The Concord Coalition urges policymakers…


The extenders bill that the House will consider this week is a timely reminder of why it is important for Congress to approve a budget resolution. Such a measure continues to elude Congress, but there has been considerably less trouble reaching agreement on a bill that will add…


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…

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