With Congress increasingly concerned about military spending in Afghanistan and elsewhere, Leon Panetta signaled last week that as the next secretary of defense he would carefully rein in spending. The former director of the Office of Management and Budget said…
Congress and the White House are accelerating their budget and debt limit negotiations amid growing concerns about the economic recovery and the possibility that a political stalemate could trigger turmoil in the financial markets.After only one meeting so far this…
Many older Americans pay close attention to the big federal entitlement programs that provide them with benefits. But a group of college students in Iowa urges younger people to also focus attention on these programs – and on how politicians…
Transportation spending will likely return to the agenda on Capitol Hill in the months ahead. The highway authorization bill expired in 2009 and an extension expires at the end of September. The Congressional Budget Office estimates that the U.S. spends…