We can’t keep this up. That’s the central message in a new report from the Congressional Budget Office that looks out over the next few decades and explains why the federal government is on an unsustainable course.The CBO report presents…
Imagine if Congress held a vote in the next few months on a bill that cut nearly $3.7 trillion in income taxes, added $350 billion worth of loopholes and deductions to the tax code, and increased Medicare spending by $236…
House Majority Leader Steny Hoyer stirred considerable discussion in Washington with a thoughtful speech last week emphasizing the need to develop a credible long-term deficit reduction plan even as the economic recovery continued.Such a plan, he said, could provide better…
Last month I participated in a conference of mostly military officials and national security experts at the Naval War College in Newport, RI. The conference title was “Economics and Security: Resourcing National Priorities.” (more…)
