President Obama has repeatedly expressed interest in reaching a broad, bipartisan agreement that could put the federal budget on a more responsible and sustainable path. With tonight’s State of the Union, he has the opportunity to lay solid groundwork for…
The Congressional Budget Office released its new Budget and Economic Outlook Tuesday, providing an array of statistics that show why elected officials must focus this year on structural reforms to put the federal budget on a more sustainable course.“Congress and…
House Republicans have proposed a plan to remove the threat of a government default in February and eventually increase the debt limit by enough to cover federal borrowing through May 19. The plan, which the House is expected to vote…
As policymakers look towards the upcoming budget debates over the debt ceiling and “automatic” spending cuts (the sequester), those concerned with fiscal responsibility should be more focused on policy reforms than achievement of a specific deficit-reduction target.The idea that we…
