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The Senate passed a sweeping immigration bill last week aided by a costly amendment that directs $46.3 billion more to be spent on border security than under current law. The Senate waived its budget rules to pass the legislation.The Congressional…

In a letter last week to their Senate colleagues, the chairman and ranking member of the Senate Finance Committee -- Max Baucus (D-Mont.) and Orrin Hatch (R-Utah) -- explained their plans to push for dramatic reform of the tax code.The…

The Department of Defense has begun to scale back its operations to comply with $487 billion in spending cuts that were imposed by the Budget Control Act of 2011 (BCA).The Army plans to remove combat forces from 12 bases and…

Legislation to revamp the nation’s immigration laws is on track for Senate approval this week after an expensive border security amendment passed a key procedural vote yesterday. The amendment would cut into the projected savings of the original legislation, providing…

House and Senate plans for appropriations bills for 2014 are currently about $91 billion apart, setting the stage for a possible government shutdown in October.Appropriations subcommittees in the House and Senate have released “302(b) suballocations” that break down levels for…

Chad Laurie is an intern at The Concord Coalition. (more…)

A new Congressional Budget Office (CBO) report warns of grave difficulties if Washington can’t agree on a new federal debt limit by October or November.As in the past, the Treasury is buying more time on the debt limit with what…

Looking into the details of the recent Social Security Trustees report shows that waiting to reform the program onto a sustainable path will make the job more difficult than if we take action now.An analysis by one of Social Security’s…