Senate Majority Leader Mitch McConnell made headlines recently when he suggested that the GOP must pay for its campaign promises, stating his preference for “deficit-neutral” tax cuts and offsets for new spending.“I think this level of national debt is dangerous…
Budget experts urged the incoming Trump administration and congressional leaders to address the country’s long-term fiscal challenges at two events in Washington last week. (more…)
The penny plan to reduce spending by one cent on every dollar (one percent a year) has been bouncing around Washington for years but is now getting a higher profile with versions supported by the Senate Budget Committee Chairman Mike…
One of the best ways to understand -- and explain -- the country’s fiscal difficulties is to look at what we can expect to pay in interest on the rising national debt.After all, people know that if they run up…
