The Comeback America Initiative has released a report with illustrative options to put the country on a sustainable fiscal path under two different scenarios. The report, "Restoring Fiscal Sanity,” includes options on domestic and defense spending, entitlement reform and tax…
By Ryan SchoenikeThe debate over our nation’s finances has now reached what seems to be common place in Washington. As our country sits on the verge of default, both parties have retreated to their partisan foxholes, only coming out to throw…
While the final outcome of the appropriations process this year will likely be affected by negotiations over the debt limit, in the meantime Congress has continued to make progress on the FY 2012 bills.Last week, the House passed the Energy/…
Senate Majority Leader Harry Reid and Senate Republican Leader Mitch McConnell continue to work on a plan that would let President Obama raise the federal debt limit in increments while allowing congressional Republicans to repeatedly vote against the increases.Recent reports…