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…
With only 1 percent of the federal budget, foreign aid makes up a much smaller part of the country’s fiscal problems than many people believe, according to Rebecca Williams of the Henry L. Stimson Center.In a guest blog posting for…
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…
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…