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