There were no big surprises in the latest Long-Term Outlook from the Congressional Budget Office (CBO). No real surprises, either, in this summer’s annual reports from the trustees who oversee Medicare and Social Security. “And that’s the problem,” say John…
The opening debates of the 2016 presidential campaign provided a disappointingly small amount of information on whether and how the Republican candidates might deal with the country’s tough fiscal challenges. At the two debates in Cleveland Thursday, some candidates mentioned…
Congress will return from its long August recess without having passed a single one of the 12 appropriations bills needed for Fiscal 2016, which begins Oct. 1. Lawmakers are planning to fall back on a continuing resolution -- a stop-gap…
Competing House and Senate plans to stave off insolvency for the Highway Trust Fund have lawmakers scrambling to reach an agreement before Friday, when transportation programs expire and federal officials say the fund’s low balance will trigger payment delays and…