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House Republicans have pushed back their schedule for approving a budget resolution as some conservatives continue to oppose additional spending that was part of a bipartisan budget deal last fall. The House Budget Committee had been expected to consider a…


The Congressional Budget Office (CBO) has told lawmakers that “mandatory” spending programs that are means-tested are expected to grow more slowly over the next 10 years than those that are not means-tested. Mandatory programs do not require congressional approval each…


There is ample opportunity to make federal spending on highways more productive, according to a new Congressional Budget Office (CBO) report. Funding formulas that the federal government uses to apportion spending to each state do not correspond well to how…


ATLANTA -- David M. Walker and Robert L. Bixby, two of the nation’s leading experts on the growing federal debt, will speak at noon today in Atlanta on the need for sweeping budget reforms in Washington and why this year’s…


The administration is seeking roughly $1 billion in additional IRS funding that the agency says could improve customer service and step up enforcement work, resulting in billions of dollars in additional federal revenue. IRS Commissioner John Koskinen faced Republican skepticism,…


Premiums for employment-based health insurance this year will average about $6,400 for single coverage and $15,500 for family coverage, according to projections by the Congressional Budget Office (CBO) and the Joint Committee on Taxation. In a new report, the CBO…


House Speaker Paul Ryan is urging Republican lawmakers to respect the 2017 spending levels set in last fall’s budget deal, but continuing opposition from some conservatives has raised the possibility that Congress might not pass a budget resolution this year.…


The federal debt has reached $19 trillion, an omen of increasingly severe financial difficulties for the United States unless Washington approves sweeping budget reforms. Well over $13.6 trillion of that total is known as “debt owed to the public,” meaning…


With the presidential primary season underway, voters should ask themselves which candidates are offering credible solutions to deal with the nation’s difficult fiscal challenges. “Whoever becomes the next president will face an unsustainable rise in the debt that threatens to…


The administration unveiled a proposed budget Tuesday that would lower projected deficits and keep the debt stable as a share of the economy over the next 10 years. But the plan has no chance of winning approval from a Republican…


WASHINGTON -- The Concord Coalition said today that while President Obama’s proposed budget would lower projected deficits and keep the debt stable as a share of the economy over the next 10 years, it would do so with a mix…


In its spending bill for Fiscal 2016, Congress seemed to acknowledge that medical research had been cut too deeply for over a decade. The legislation will boost that funding in the coming months. “But without reforms to address the basic…

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