Once again we have a political punt. With no time left on the clock, Senate Democrats and Republicans have approved a deal to avoid the most immediate consequences of the so-called “fiscal cliff.” The defining feature of the deal, however,…
In the Senate last week, the Democratic Steering Committee selected Senator Patty Murray (D-Wash.) to lead the Budget Committee during the 113th Congress. Murray will replace Senator Kent Conrad (D-N.D.), who is retiring at the end of this Congress and…
The federal debt is a “ticking time bomb” that puts the U.S. economy at risk, jeopardizes our standard of living and threatens national security, according to a new report by Strengthening of America – Our Children’s Future.Strengthening of America is…
Dozens of lawmakers in both parties have signed a letter to congressional leaders that says a bipartisan agreement to avoid the fiscal cliff should include “a long-term, comprehensive deficit reduction plan.”Leading the effort are Representatives Jim Cooper (D-Tenn.), Steven LaTourette…
