The President’s Bipartisan National Commission on Fiscal Responsibility and Reform is scheduled to hold its second full meeting this Wednesday morning. At the request of panel members, the Congressional Budget Office is providing the commission with budget projections and other…
The extenders bill that the House will consider this week is a timely reminder of why it is important for Congress to approve a budget resolution. Such a measure continues to elude Congress, but there has been considerably less trouble reaching agreement on a bill that will add…
Holding up Dwight D. Eisenhower as a model, Defense Secretary Robert Gates is urging the American military to cut bureaucracy, improve its efficiency and “make every dollar count” as the country struggles with its fiscal challenges. Pentagon reform is critical, Gates…
The federal government ran an estimated budget deficit last month of $85 billion, marking the second year in a row that there has been an April deficit. The government usually runs large surpluses in April as income taxes pour into…