This year will mark the end of a four-year string of trillion-dollar-plus federal deficits that have troubled the American public and caused turmoil on Capitol Hill. (more…)
Congress has begun a recess that runs through early September despite completing no appropriations bills and making no progress towards a budget resolution conference.Lawmakers have failed to reconcile the overall spending levels set by the Democratic-controlled Senate and Republican-controlled House.…
A new Congressional Budget Office (CBO) report makes clear that the failure of elected officials to agree on a responsible alternative to sequestration’s indiscriminate spending cuts will cause immediate damage to the economy. The report also shows, however, that ending sequestration…
A bipartisan proposal introduced in the Senate would provide a more complete picture of the long-term impact of current fiscal policies, including their burden on younger Americans and future generations.Senators John Thune (R-S.D.) and Tim Kaine (D-Va.) introduced the Intergenerational…
