In a report this month, the Congressional Budget Office (CBO) concludes that raising the ages of eligibility for Medicare and Social Security benefits would effectively decrease outlays, raise revenues, reduce long-term fiscal imbalances and have a positive economic effect. The…
With presidential primary voting today in New Hampshire, it remains important for the candidates to clearly spell out their plans for fiscal reform. (more…)
December 23, 2011 was supposed to be a day of high drama in Washington as Congress voted on a deficit reduction plan produced by the congressional super committee. Things didn’t work out that way because the super committee never agreed…
Last week the House Budget Committee approved the Expedited Legislative Line-Item Veto and Rescissions Act of 2011. Sponsored by Chairman Paul Ryan (R-Wis.) and Ranking Member Chris Van Hollen (D-Md.), the legislation creates an expedited process for Congress to act…