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Unlike the past few years, the recent budget agreement has smoothed the way for Congress to recess for its winter break well before Christmas. That has left some traditional end-of-year legislation out in the cold. (more…)

WASHINGTON--Elected officials must follow up the new two-year budget deal with much larger efforts to put the nation’s finances on sounder long-term footing, according to Robert L. Bixby, executive director of The Concord Coalition.“The question is whether this is the…

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…

WASHINGTON -- A conference next Tuesday on Capitol Hill will focus on the importance of curbing the growth of the federal debt and finding ways to prevent future budget crises. (more…)

Although health care costs continue to rise, their slowing growth rate offers some hope for the future. A new report by the President’s Council of Economic Advisors naturally tries to put the administration’s efforts on health care reform in the…