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The Senate was scheduled to vote on an $11 billion highway bill later today -- only days before the Department of Transportation (DOT) says it will be forced to begin delaying and cutting payments to state governments for transportation projects.The…


The House and Senate are considering different proposals for immediate funding to boost border security and help federal agencies deal with a surge of migrants from Central America.Republicans indicated today that the House would vote later this week on a…


With hope gone for completing the regular budget process this year, Speaker John Boehner said last week that the House would wait until September to take up a continuing resolution that would keep the government open after the end of…


The House recently passed a short-sighted measure that would cut the 2015 enforcement budget for the Internal Revenue Service (IRS) by 25 percent.Republicans say they are punishing the IRS for its poor response to recent scandals. But this would amount…


A Federal Reserve economist says her research supports theories that suggest intense political partisanship can lead to higher federal deficits as well as weaker economic growth.Marina Azzimonti, an economist at the Federal Reserve Bank of Philadelphia, searched newspapers between 1891…


Congress should find a responsible way to address treatment delays at VA facilities, but it seems increasingly clear that this will be an expensive undertaking.Sloan Gibson, acting secretary of Veterans Affairs, says his department needs $17.6 billion through Fiscal 2017…


Wednesday was the 40th anniversary of the Congressional Budget and Impoundment Control Act, the law that created the Congressional Budget Office (CBO) and the modern budget process.The Bipartisan Policy Center marked the occasion last week with two panel discussions featuring…


The Senate Appropriations Committee approved a $549 billion defense bill last week that leaves out many of the savings proposed by military leaders.The bill, for example, would preserve weapons systems the Pentagon has not requested or wants to retire, including…


The government made an estimated $105.7 billion in improper payments last year, including $62.2 billion for health care, the Government Accountability Office (GAO) says.Beryl Davis, a GAO official, discussed the problem before a House sub-committee last week. Officials from the…


Despite a strengthening economy, the administration’s Mid-Session Review budget projections show little change in the overall fiscal outlook.The report, released Friday, anticipates a deficit for the current fiscal year of $583 billion, down $66 billion from the administration’s March projection.…


Former Housing and Urban Development Secretary Shaun Donovan takes over as President Obama's fourth budget director after the Senate's 75-22 confirmation vote last week.Donovan replaces Sylvia Matthews Burwell, who was recently confirmed as Secretary of Health and Human Services.As head…


With the economy continuing its slow recovery, the administration’s Mid-Session Review budget projections released on Friday show little change in the overall outlook. (more…)

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