The Trump administration’s new budget update shows the federal deficit rising to $890 billion for the current fiscal year and soaring well past $1 trillion in Fiscal 2019 -- despite the administration’s overly optimistic economic projections and its proposed spending…
This post was written by Concord Coalition intern Rob Ryan. Months behind schedule, the House Budget Committee took action last week on the first step in the regular congressional budget process: approving a budget resolution. The plan aims to balance…
This is a guest post by Concord Coalition intern Rob Ryan Politicians and economists have long stressed the importance of simplifying our nation’s tax code. Tax reform that eliminates many tax breaks, also known as “tax expenditures,” can foster economic growth and…
The Congressional Budget Office (CBO) recently released an update to its estimates and projections of the cost and use of federal government subsidies for health insurance for people under age 65. The headline number is that the government will spend…