To allow federal agencies to continue operating through Dec. 18, Congress last week approved another continuing resolution. The House approved the measure 239-178 and the Senate gave it unanimous consent. President Obama signed it into law on Saturday.A new continuing…
On Monday President Obama announced a “framework for a bipartisan agreement” on extending the Bush tax cuts for two years, extending unemployment benefits for 13 months, and reducing the Social Security payroll tax for a year.The Concord Coalition said today…
WASHINGTON – The Concord Coalition today praised the plan released by Erskine Bowles and Alan Simpson, co-chairs of the President’s National Commission on Fiscal Responsibility and Reform, and called on other members of the panel to give it their full…
The President’s bipartisan fiscal commission faces a deadline Wednesday to make recommendations to Congress on how to cut deficits in the next few years and also deal with long-term structural problems in the federal budget.President Obama created the National Commission…