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The House is about to consider a 3-year highway bill financed with revenue unrelated to transportation. But two lawmakers are suggesting alternative plans to address the Highway Trust Fund’s long-term insolvency. Rep. Jim Renacci (R-Ohio) and Rep. Earl Blumenauer (D-Ore.)…

Former U.S. Comptroller General David Walker warned Iowans last week not to be fooled by any presidential candidate who claims to have a magic bullet to deal with the national debt. “We can’t grow our way out without double digit…

President Obama signed budget legislation Monday that removed the immediate threat of a federal default and established overall spending levels for the next two years for “discretionary” spending on defense and most domestic programs. Amid warnings of chaos if Congress…

A former top military official said last week that defense spending restraints after major conflicts have encouraged the Pentagon to innovate and prioritize while allowing the government to make needed investments to boost economic productivity. James Cartwright, a former vice…

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…

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…