Blogs

Extending emergency unemployment compensation for another year would add 200,000 jobs to the economy but would carry a one-year price tag of $25 billion, according to a new analysis by the Congressional Budget Office (CBO).Democrats and Republicans this week continued…

Congressional negotiators are reportedly moving towards a limited budget agreement that would avoid another government shutdown but generally fails to pursue substantial fiscal reforms.A budget conference committee was given until this Friday to come up with a belated compromise plan…

Extending emergency unemployment compensation for another year would add 200,000 jobs but carries a price tag of $25 billion, according to an analysis released recently by the Congressional Budget Office (CBO). (more…)

If the recent past is any indication of how elected officials will deal with the country’s short- and long-term fiscal challenges, Americans – and especially younger ones – are in trouble. Washington will have to step up its game. And…

Another week has passed with no substantial progress reported towards a federal budget for the fiscal year that began nearly two months ago. Lawmakers began their Thanksgiving breaks last week, although private discussions on the budget were said to be…

A recent report by the President’s Council of Economic Advisors (CEA) reviewing the recent slowdown in health care costs examined its potential causes, its sustainability and the economic impact going forward. (more…)

Sen. Angus King (I-Maine), a member of the budget conference committee, has offered a proposal that would replace roughly half of the sequestration scheduled through 2021 with savings from mandatory spending and revenue from corporate tax reform.In place of $455…

Sen. Angus King (I-Maine), a member of the budget conference committee, on Tuesday released a proposal that replaces roughly half of the sequestration scheduled through 2021 with savings from mandatory spending and revenue from ending corporate tax expenditures. (more…)