The House today registered its disapproval of a bill that won strong bipartisan support in the Senate to extend long-term unemployment benefits and a Social Security payroll tax cut. The Senate legislation would continue the tax cut and unemployment benefits…
The federal government might escape some of its widely anticipated fiscal problems over the next few years, but only if it follows the budget path laid out in current law. At a forum last Friday Mark Zandi, chief economist for…
Last December a bipartisan majority of President Obama’s National Commission on Fiscal Responsibility and Reform surprised skeptics with a comprehensive plan that called for shared sacrifices to reduce projected deficits over the coming decade by $4 trillion. Unfortunately, elected officials have…