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Last week the Senate rejected motions to proceed to four budget proposals. Like this week’s scheduled House vote on the debt limit, the votes were largely symbolic and expected to fail. The Senate considered budgets proposed by President Obama and…


Later today House Republicans plan to vote down an initial request from the administration to approve an increase in the federal debt limit without spending reductions. The vote will be largely symbolic, coming after several weeks of negotiations between the…


By Rebecca Williams A viable plan to reduce our country’s mounting deficits and debt will be built on painful choices that include revenue increases and cuts to all government spending, including entitlements and defense. With such thorny issues at stake, it…


The leaders of two prominent deficit-reduction panels worry that elected officials this year will lack “the courage to forge a comprehensive, multi-year debt reduction plan.” In a guest column last week in Politico, the panel leaders warned against delay and…


Prospects for fiscal reform efforts by the “Gang of Six” senators were left uncertain after one of the Republicans, Sen. Tom Coburn of Oklahoma, walked away from the talks last week, saying he was on “sabbatical.”On Sunday Sen. Majority Whip…


Senate Budget Committee Chairman Kent Conrad (D-N.D.) announced last week that the committee would not consider the FY 2012 budget resolution until the bipartisan negotiations led by Vice President Joe Biden are complete. Conrad said “The results of those negotiations…


Negotiations to raise the federal debt limit are resuming today between the administration and lawmakers as partisan bickering over the budget continues and newly released projections have underscored worries about Medicare's finances.The government hit its debt ceiling a week ago…


With the 2011 appropriations bills finally complete, the House turned its attention to the 2012 bills last week. Appropriations Committee Chairman Hal Rogers (R-Ky.) set the goal of completing the committee's work by the August recess to permit the full…


The federal government hit its debt ceiling Monday, forcing the administration to turn to what Treasury Secretary Tim Geithner calls “extraordinary measures” to pay the government’s bills and avoid default.Although Geithner has estimated the government can get by without a…


Anyone wondering why Social Security and Medicare should be “on the table” in budget negotiations need look no further than the 2011 Trustees’ Report issued on May 13.As is usually the case, media accounts of the trustees’ report tended to…


WASHINGTON -- The Concord Coalition said that today’s release of the annual Social Security and Medicare Trustees Report is a timely reminder of how important cost-saving reform of these two vital programs is to the nation’s fiscal outlook. Concord urged…


Because their futures are at stake, young Americans need to be engaged in the national dialogue about the rapidly growing federal debt and large unfunded liabilities the U.S. government has for programs like Social Security and Medicare.T.J Leach and Alex…

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