Fiscal Year 2010 ended last Thursday but no one was popping champagne corks. Little wonder. For the second year in a row, the federal government ran a budget deficit well in excess of one trillion dollars. (more…)
What are the essential ingredients for Americans to meet the difficult fiscal challenges facing the country? Sara Imhof, Midwest regional director for The Concord Coalition, points toward civic engagement and a sense of stewardship.She sees good examples in Iowa, where…
House Republicans have outlined their fiscal priorities and ideas about reform in their “Pledge To America.” But while it correctly warns about the hazards of rising government debt, the Pledge lacks a plan to bring deficits down to a sustainable…
With the fiscal year nearly over, Congress unfortunately has not passed a budget resolution or enacted a single appropriations bill for the coming year. Attention has now turned to a continuing resolution to keep the government running after Sept. 30.…