Old habits die hard; for the House Ways and Means Committee, the pesky habit is trying to extend expired tax breaks without paying for them. Last week the committee approved permanently adding several expired breaks to the tax code, which…
The House Ways and Means Committee has approved a measure that supporters incorrectly claim would prevent federal defaults if the statutory debt limit were reached. The legislation attempts to prioritize which payments the government would make in that situation, with…
Skyrocketing prescription drug costs have blown a hole in the Pentagon’s health care budget but lawmakers disagree on how to lower these costs, with many of them unwilling to alter military benefits. Some senators, including Armed Services Chairman John McCain,…
Two members of First Budget’s Iowa cabinet are calling on voters to engage presidential candidates on how to put the nation on a sustainable fiscal course. Jeff Angelo, a former Republican state senator from Ames, and Jeff Danielson, current Democratic…
