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By Rob Ryan Despite recent 3 percent growth of the American economy, our nation's long-term fiscal challenges are likely to hinder the sustainability of such robust growth. To maximize growth in a sustainable fashion, elected officials must enact a more…


The Congressional Budget Office (CBO) recently released an update to its estimates and projections of the cost and use of federal government subsidies for health insurance for people under age 65. The headline number is that the government will spend…


The 2018 Social Security and Medicare Trustees’ Reports are expected to be released within the next few weeks. In anticipation of this, two former public trustees have issued a preview that includes a list of items to watch for. Charles…


The American economy is at risk for a variety of reasons: high and rising federal debt, mounting interest and health costs, recent tax and spending decisions, and widespread complacency -- in Washington and around the country -- about the difficult…


This week the Trump administration released a compilation of ideas aimed at reducing prescription drug costs. Slowing the rise of drug costs is an important part of addressing the nation’s fiscal challenges because rising health care costs are the largest…


With some fanfare, the Trump administration has sent Congress a rescission request that would cancel $15.3 billion of “budget authority” that was granted to executive branch agencies in past legislation. The administration and some in Congress have touted this proposal as…


Amid widespread concern about the rapidly rising national debt, The Peter G. Peterson Foundation held its ninth annual “Fiscal Summit” Thursday in Washington to spotlight the risks and challenges that such debt entails. “This year the theme of our fiscal…


The Central States Pension Fund is warning the 400,000 retirees and workers it covers that it will be insolvent by the start of 2025 and is urging them to push Congress to pass legislation to protect their benefits. This warning…


Congress and the Trump administration could save tens of billions of dollars by acting to improve efficiency and effectiveness in dozens of federal programs that range from Medicare to military purchasing to storage of radioactive waste, according to the Government…


As lawmakers start to move forward on spending legislation for the Fiscal 2019, it seems increasingly likely that they will skip an essential first step in the congressional budget process: Passing a budget resolution. If they skip it, they will…


The United States has earned a dubious distinction, according to the International Monetary Fund (IMF): It is the only economically advanced country in the world that plans to dig itself deeper into debt over the next five years. The IMF…


As Congress and President Trump agreed in the last few months to dramatically increase federal borrowing, there have been a lot of breezy assurances that rapid and sustained economic growth will take care of everything. The nonpartisan Congressional Budget Office…

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