The Congressional Budget Office (CBO) yesterday released new projections showing the federal deficit at $486 billion in 2015, about the same as last year. This is $18 billion higher than the budget office’s January estimate. After this year, deficits are…
Appearing today on MSNBC’s Morning Joe program, former senators Judd Gregg (R.-N.H.) and Evan Bayh (D-Ind.) outlined the nation’s fiscal challenges and explained how a new initiative called “First Budget” will press the 2016 presidential candidates to address these challenges.…
A hearing by the House Ways and Means Social Security subcommittee last week drew attention to the impending insolvency of the Disability Insurance (DI) trust fund in 2016. While there were some disagreements, there was also a clear bipartisan consensus…
This year’s Economic Report of the President cheers 2014 as a “breakthrough year” for the country’s recovery and advocates policies that the administration says will encourage further growth and strengthen the middle class. “The unemployment rate plunged to its lowest…