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Annual inflation increases are an important part of many government programs, including Social Security. Inflation protection is also provided in many parts of the tax code. But several advocates of fiscal reform – including the bipartisan National Commission on Fiscal…


Opening Day for the baseball season has come and gone in Washington but for the budget season it comes on Wednesday, when the President officially unveils his Fiscal Year 2014 proposals. Will he get a hit or be sent back…


Most plans to put the federal budget on a more sustainable path make a crucial assumption: That today’s younger workers will pay more of their own retirement costs than previous generations have. By setting aside more money for retirement, the…


Congress received some solid advice from widely respected budget experts at a recent Joint Economic Committee hearing on solving the federal debt crisis. Alice Rivlin, a senior fellow at Brookings and a member of the Campaign to Fix the Debt…


Most fiscal reform plans assume that younger workers will pay more of their own retirement costs than previous generations have paid. But Washington already favors older generations in many ways, and younger Americans face a number of financial hurdles and…


In a recent speech in Jerusalem, President Obama seems to have struck a responsive chord when he encouraged his listeners – particularly young people in the audience -- to ignore the competing claims of extremists and take the push for…


The House and Senate passed budget resolutions with largely partisan votes before leaving for a two-week recess. Resolving the two competing visions of fiscal policy in the weeks ahead will be difficult, though both parties should accept the challenge and…


President Obama is back home after a diplomatic mission to the Middle East in which he exhorted the Israeli people, particularly young Israelis, to ignore the competing claims of extremists and take the push for peace into their own hands.…


Senate Democrats and House Republicans this week put their opening budget bids on the table, and there are substantial differences between them. The key question is whether the two parties are now prepared to start serious negotiations that could lead…


Today the Senate Budget Committee considered the budget resolution that Chairman Patty Murray released yesterday. The blueprint calls for a mix of spending cuts and tax increases to reduce the deficit and lower the debt-to-GDP ratio. Under Murray’s plan, the…


This week the Senate began considering appropriations legislation to fund the government for the remainder of the fiscal year and prevent a government shutdown. The bill is the result of a compromise reached between Senate Appropriations Committee Chair Barbara Mikulski…

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