Blogs

Despite dropping federal deficits in the last few years, Concord Coalition Executive Director Robert L. Bixby recently warned a Kansas City audience that this is no time for complacency about the nation’s fiscal problems. “Keep in mind: A shrinking deficit…

Well over two months into the current fiscal year, Congress has finally approved a single massive spending plan that funds most of the government for the rest of Fiscal 2015. This is better than the alternatives: another government shutdown or…

Twenty years after the Kerrey-Danforth Commission on Entitlement and Tax Reform issued its bipartisan findings, its co-chairs on Dec. 16 will release an update and explain why Americans today -- including the 2016 presidential candidates -- should champion broad fiscal…

Lawmakers continue to haggle over everything from immigration to a reauthorization of the terrorism risk insurance program as they approach a deadline this Thursday to approve long-overdue spending legislation for Fiscal 2015, which began Oct. 1.For the last two months,…

After a larger deal fell apart, the House recently voted 378-46 to approve a one-year extension of more than 50 lapsed tax breaks for businesses and other special interests -- unfortunately, without paying for them. The Joint Committee on Taxation…

Lawmakers are unfortunately focusing on renewing several expired tax provisions, mainly benefiting businesses, without offsetting the lost revenue. Initially, lawmakers were negotiating a much larger deal that would have made several expired provisions permanent while extending many others for one…

With federal spending legislation set to expire next week, appropriators continue to work on a tardy “omnibus” plan for the rest of Fiscal 2015. Republican leaders are weighing their options for using the spending bill in some way short of…

Lawmakers are now focusing on extending a series of tax provisions mainly benefiting businesses for one year after a much larger deal that would have added hundreds of billions of dollars to the deficit collapsed last week. (more…)