With the ink barely dry on a $858 billion tax cut and spending bill, Concord Coalition Executive Director Robert L. Bixby says, Washington has been hit with an official reminder that steps to rein in the nation’s debt cannot be…
A federal judge put a cloud over this year's health care reform legislation by ruling last week that a key provision – the individual mandate to buy insurance – was unconstitutional. But the judge declared the mandate “severable” from the…
The legal term severable normally gets little notice outside the world of constitutional law -- yet now it has become a big buzzword amongst health care analysts and federal budget wonks. The reason has to do with the numerous legal challenges to the Accountable Care Act's individual mandate to purchase…
Deficit hawks have long warned that unnecessary delays in deficit reduction carry risks and high costs that will only make the job harder down the road. A new study by the Congressional Budget Office (CBO) underscores that point. It analyzes…