The administration is threatening to veto defense policy legislation that House and Senate lawmakers recently negotiated because it includes nearly $40 billion in additional war funding that the military did not request. The negotiations took place after each chamber passed…
The Republican presidential candidates all say they favor a balanced budget. But Concord Coalition Executive Director Robert L. Bixby notes that over five hours of televised debate earlier this month, not one of the candidates was asked to explain how…
Although the Department of Transportation (DOT) announced last week that the Highway Trust Fund will not be exhausted until mid-2016, Transportation Secretary Anthony Foxx is warning lawmakers not to get complacent about fixing the fund. The $8 billion that Congress…
On its current path, the $18.1 trillion debt is projected to rise to nearly $27 trillion -- and perhaps even more -- by 2025. “Rising interest payment on the debt, along with higher entitlement spending, more health care costs and…