If the super committee on deficit reduction continues to lock itself away in a congressional cloister, the public will have trouble understanding and accepting the difficult choices that the panel members must make to reach or exceed their assigned goal.…
Last January, members of Congress paired up with colleagues of the opposite party for the State of the Union Address. It was a welcome, if symbolic, display of political civility. In the ensuing months, Congress and the Obama administration have…
The Joint Select Committee on Deficit Reduction is receiving an earful of advice as congressional committees and individual lawmakers offered a wide variety of recommendations, many of them at odds with each other.Congressional committees were asked to submit their suggestions…
The Congressional Budget Office has provided an estimate of what the deficit would be if the economy were operating at total capacity. With full utilization of capital and labor resources in the economy, CBO says, the deficit for fiscal year…