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The Senate Budget Committee heard testimony last week on potential changes to the federal budget process that would better take into account the long-term trends affecting the nation’s fiscal health. Michael Peterson, CEO of the Peter G. Peterson Foundation, lamented…


President Obama and congressional leaders have put together a proposed budget deal that would avoid an immediate federal debt crisis and give appropriators time to fund the government before a potential shutdown in December. The agreement, released late Monday, would…


In the latest Fiscal Fridays interview, Republican presidential candidate Lindsey Graham said substantial reforms to the tax code and federal entitlement programs are essential to reducing the federal debt and protecting the nation’s economic future. “The purpose of my presidency…


In a recent Fiscal Fridays interview, Democratic presidential candidate Martin O’Malley proposed higher taxes on high incomes to pay for expanded Social Security benefits and new initiatives in areas such as education, housing and clean energy. The former Maryland governor…


Former Congressmen Tim Penny (D-Minn.) and Mike Castle (R-Del.) spoke Thursday on Capitol Hill about the need for bipartisan cooperation to pass fiscally responsible legislation in an era of divided government. “Leaders at every level need to set the standard…


The Commission on Presidential Debates says it is considering suggestions from The Concord Coalition that would focus more attention on fiscal issues in next year’s debates between the Republican and Democratic nominees. “We will bear in mind your thoughtful suggestions…


Another manufactured crisis on the federal debt limit is looming as Congress returns from a weeklong recess and House Republicans continue their search for a new speaker. Ultimately, Congress has no choice but to raise the debt limit to pay…


Some lawmakers and presidential candidates have recently targeted the so-called Cadillac tax, a key provision in the Affordable Care Act (ACA) that was designed to help restrain health care costs. It would do so, starting in 2018, by limiting the…


Budget issues remain a central part of the debate as House Republicans struggle to find a new speaker, with conservative dissidents calling for leadership that will be less willing to compromise with Democrats. Republicans fell behind schedule in selecting a…


There has recently been a renewed focus on a key provision in the Affordable Care Act (ACA) -- the so-called “Cadillac tax.” The tax, which will take effect in 2018, attempts to limit the tax-free treatment of employer-provided health insurance…


In the first of a series of interviews with presidential candidates, Republican Gov. John Kasich of Ohio on Friday committed himself to eventually balancing the budget and reforming the big federal entitlement programs. Kasich said balanced budgets would lead to…


A majority of House lawmakers now support a bipartisan measure authored by Rep. Reid Ribble (R-Wisc.) and Rep. Kurt Schrader (D-Ore.) aimed at shifting the federal government to a biennial budgeting process that promises to be more efficient. Under the…

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