Senators Jeanne Shaheen (D-NH) and Johnny Isakson (R-GA) have introduced legislation to convert the annual budget and appropriations process into a two-year cycle. Under the Biennial Budget Appropriations Act (S. 211), the first year of the process would be dedicated…
The Congressional Budget Office has released its annual Budget and Economic Outlook, filled with statistics that underscore the need for both Democrats and Republicans to offer more realistic proposals to put the country on a responsible fiscal path.The official projections…
Members of the Republican Study Committee and the Senate Steering Committee have proposed legislation to cut $2.5 trillion in spending over 10 years -- cuts that go beyond those proposed by House Republican leaders or President Obama.Non-security discretionary spending (which…
With health care reform back on the policy agenda this week, it is important for Congress to keep cost controls and the country’s enormous fiscal challenges at the forefront of the discussion.The law that was passed last year had the…
