An important cost-containment feature in the 2010 health care legislation has come under attack in the House, where two committees voted last week to do away with the Independent Payment Advisory Board (IPAB) without approving an alternative. (more…)
The federal government could save tens of billions of dollars a year by rooting out duplicative and inefficient programs, according to a new report from the Government Accountability Office (GAO).The report recommends that Congress and the administration examine 51 areas…
Diane Lim Rogers, chief economist for The Concord Coalition, told lawmakers today that reducing special provisions in the tax code that favor some taxpayers could simultaneously reduce the deficit, encourage economic growth and promote fairness. Appearing before the Senate Budget…
Although bipartisan cooperation and compromise are essential for badly needed fiscal reforms, congressional voting statistics point towards a deepening partisan divide in Washington.Last week National Journal said its voting ratings for 2011 in the Senate showed that for the second…