Blogs

With attention starting to focus on the 2016 presidential contest, The Concord Coalition and Campaign to Fix the Debt have announced “First Budget,” a new initiative in Iowa and New Hampshire to encourage the candidates to address the growing federal…

New federal budget projections show that under current law $7.6 trillion could be added to the nation’s debt over the coming decade -- or perhaps as much as $9.5 trillion, if more realistic assumptions are made about future policy decisions.…

After short-sighted funding cuts and a “devastating erosion of taxpayer service” in the last few years, most calls to the IRS for information this year are likely to go unanswered. That alarming news comes from National Taxpayer Advocate Nina E.…

Tonight’s State of the Union address will kick off a new season of discussion and debate over the nation’s fiscal situation and possible budget reforms to curb the rising federal debt while still supporting economic growth. Ideally, the President will…

Unless Congress takes action, Social Security’s trust fund for Disability Insurance (DI) will run out next year and beneficiaries will suffer an across-the-board cut of 19 percent. Some suggest that Congress could simply reallocate some of Social Security’s payroll tax…

The new Congress is re-fighting last year’s battle over immigration and Homeland Security funding for Fiscal 2015, which is now already three and a half months old. Stopgap funding for the Department of Homeland Security (DHS) is set to expire…

With gas prices falling to their lowest levels in years and the Highway Trust Fund expected to run out of cash after May, some members of Congress are considering the first increase in motor fuels taxes in more than two…

The 114th Congress convenes today with Republicans controlling both the House and Senate for the first time in President Obama’s presidency, underscoring the importance of bipartisanship in dealing with the nation’s key fiscal challenges. These challenges remain significant, despite the…