Following last year’s bipartisan budget agreement, this was supposed to be the year of a harmless fiscal ceasefire on Capitol Hill. Unfortunately, the ceasefire is becoming a retreat for fiscal responsibility. (more…)
Higher education costs have been in the spotlight recently as President Obama and Sen. Elizabeth Warren (D -Mass.) have pushed loan refinancing plans to ease the debt burden facing many young Americans and their parents.While refinancing loans could help, a…
The Overseas Contingency Operations (OCO) account, which funds combat missions abroad, is exempt from discretionary spending caps. As this part of the Pentagon’s budget begins to take shape for the coming year, policymakers must resist the temptation to use the…
House Lawmakers returned to their old habits during a markup of the $570.4 billion defense appropriations bill, protecting expensive weapons projects favored by lawmakers while ignoring many of the cost-saving initiatives the Pentagon proposed in its Fiscal 2015 budget request.Like…