Amid widespread concern about rising tuition rates, top Republican tax-writers appear to be taking a hard look at the ways in which colleges and universities are using -- or perhaps not using -- their tax-exempt endowments. Senate Finance Chairman Orrin…
Under the president’s proposed budget for Fiscal 2017, the federal deficit would decline in 2017 and 2018 but would grow after that, according to an analysis released today by the Congressional Budget Office (CBO). Under the President’s plan, CBO estimates,…
Updated projections by the Congressional Budget Office indicate the federal deficit in Fiscal 2016 will total $534 billion, nearly $100 billion higher than last year but $10 billion lower than CBO’s January estimate. After declining for several years as the…
U.S. Rep. Jim Renacci (R-Ohio) introduced a constructive resolution last week to better enforce congressional rules against fiscally irresponsible legislation. The Budget Enforcement Awareness Resolution would make it harder for House lawmakers to waive budget-related “points of order,” which are…
