In his first appearances on Capitol Hill as the new Federal Reserve chairman, Jerome Powell strongly urged lawmakers to start putting the federal government on a better fiscal path. Powell, who became Fed chairman in early February, told the House…
This is a guest blog post by Marjorie Dufek, the North Carolina coordinator for The Concord Coalition. “A $20 trillion debt is insane, and our representatives carry a huge responsibility, with so many sides to each issue. With so many choices,…
In WCTI (North Carolina). From changes to Social Security, to how many nuclear submarines the Navy needs, people of all ages played lawmaker for a day. They had to decide on issues the U.S Congress has to vote on every…
In part because of new deficit-financed tax cuts, the Congressional Budget Office (CBO) has moved up its projection for when lawmakers must act on the federal debt limit to the first half of March. That projection had previously been late…