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It has been easy for advocates of generationally responsible tax and spending policies to look at Capitol Hill with dismay for the past few years. A few consequences of inaction and lack of bipartisanship include: A complete breakdown in the…


Congress must pass Social Security legislation by late next year to prevent the Disability Insurance Trust Fund from running dry, a crisis that would trigger automatic 19 percent cuts in disability benefits for millions of Americans. (more…)


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…


Social Security turned 80 on Friday, providing an opportunity to review its accomplishments while taking a hard look at its future -- including the need to put the federal government’s largest program on a sustainable path. With that in mind,…


With Congress now in its long August recess after failing to pass a single spending bill for the fiscal year that starts Oct. 1, speculation has understandably grown over the possibility of a government shutdown this fall. Senate Majority Leader…


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…


Praising efforts by the First Budget initiative to get the presidential hopefuls to discuss the federal debt and related issues such as entitlement reform, the Chicago Tribune recently urged voters to help put pressure on the candidates to do so.…


Why should we make improvements now in Medicare and Social Security? “The simple answer is that the two programs can’t afford to pay the benefits they promise beyond the next 15 years or so,” explains Robert L. Bixby, executive director…


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…


National health care spending grew more quickly last year than in other recent years, according to a new report by actuaries at the Centers for Medicare and Medicaid Services (CMS). Spending grew by 5.5 percent last year, up from the…


Like zombies, more than 50 expired tax provisions came back from the dead last week when the Senate Finance Committee voted overwhelmingly to renew them for this year and next -- without paying for them. The Joint Committee on Taxation…


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…

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