Leaders in both parties say they don’t want to see the United States default on any of its financial obligations, but they have made no apparent progress towards raising the federal debt limit to avoid such a debacle.In a letter…
Many state and local governments have done little to address growing structural problems in their budgets that have been aggravated by federal deficit-reduction efforts, according to the State Budget Crisis Task Force.The bipartisan organization released its final report last week,…
A new report by the Office of the Actuary at the Centers for Medicare and Medicaid Services (CMS) found that health care spending over the past four years grew at the slowest rate recorded in more than half a century.…
Congress kicked off the second session of the 113th Congress this week with elected officials still haggling over long-term unemployment compensation while appropriators rushed to complete long-overdue spending legislation.This morning the Senate narrowly voted to proceed with debate on a…
