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President Obama signed spending legislation late last week that will keep the government open through mid-December but leaves federal agencies unable to plan effectively for the fiscal year that begins a week from tomorrow.The stop-gap measure, also known as an…


In 2011, Medicare spent $170 billion, or 28 percent of its total expenditures, on services for beneficiaries in their last six months of life. But a new report says many of these patients are not receiving the care they want…


In recent years the U.S. government increased its debt more sharply than most other large, wealthy countries did. The non-partisan Council on Foreign Relations (CFR) warns in a new report that the federal government’s “unsustainable long-term debt trajectory” threatens future…


Lawmakers have continued to dawdle on a budget for Fiscal 2015, now only two weeks away. House leaders, however, say they hope to move forward shortly on a stop-gap measure.Unable to produce even one of twelve regular spending bills needed…


With Fiscal 2014 winding down, the Treasury Department’s latest monthly statement indicates the federal deficit is heading for another substantial drop. This expected improvement largely reflects a strengthening economy, however, and should not obscure the intermediate- and long-term fiscal challenges…


Actuaries from the Center on Medicare and Medicaid Services (CMS) report that in 2013 health care spending grew slowly for the fifth consecutive year, yet it will likely pick up over the next decade with stronger economic growth and new…


Updated projections from the Congressional Budget Office (CBO) serve as a reminder that the aging of the U.S. population is reshaping government spending -- and that fiscal reforms are needed to prevent harmful economic consequences.“Despite a slowing of health care…


Residents of Rockford, Illinois recently joined U.S. Rep. Cheri Bustos and The Concord Coalition to discuss the nation’s fiscal challenges and participate in an interactive exercise to reduce projected federal deficits over the next 10 years.Dozens of people from across…


Back from its long August recess, Congress must quickly move forward on the task that has eluded it all year: Reaching agreement on plans to fund the government in Fiscal 2015, now only three weeks away.In addition, lawmakers are planning…


Sen. Tom Carper (D-Del.) is challenging his colleagues on Capitol Hill to approve comprehensive, long-term postal reforms rather than simply trying to block the Postal Service’s own consolidation plans.Unfortunately, Congress has failed for years to pursue such reforms, creating a…


Opponents of health care reform often talk as if any cost savings would come at the expense of patient care. Yet this assumes that the money is being well spent, and there is ample evidence that this is not always…


Projected budget deficits and the growth of the federal debt loom over nearly every policy issue in Washington. So it is important for ordinary citizens as well as elected officials to focus on federal budget issues -- and to push…

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