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Congressional leaders say they are aiming for a more timely and effective budget process this year, one that would let the government start the next fiscal year on Oct. 1 with clear directions and funding decisions. That would be a…


Republican presidential candidate Rand Paul will discuss his federal budget plans in an interview that will air at 1 p.m. EST this Friday, Jan. 8, as part of Fiscal Fridays, the public affairs television series on the New Hampshire-based NH1…


Citing a strengthening U.S. economy, the Federal Reserve last week announced it would begin raising short-term interest rates for the first time since the financial crisis and recession -- a reminder that the federal government expects to face rapidly rising…


The Congressional Budget Office reiterates warnings about Social Security’s long-term finances in a new report that illustrates the need for substantial reforms in the largest single program in the federal budget. About 60 million people currently receive Social Security benefits…


Congress rushed through a budget package last week that will increase spending in the current fiscal year while adding hundreds of billions of dollars to the debt over the next decade by extending some tax breaks and making others permanent.…


WASHINGTON -- Despite their frequent expressions of concern about the federal debt, lawmakers are pursuing a plan that would add hundreds of billions of dollars to the debt over the next decade by extending some tax breaks, making others permanent,…


The expensive tax breaks that lawmakers have been considering tend to get renewed annually. These so-called “tax extenders” would not be paid for, and the estimated 10-year price tag is over $700 billion. Raising the fiscal stakes this year is…


Congressional negotiators have indicated they are making substantial progress on deals that would cover spending plans for the rest of Fiscal 2016 and the extension of a number of tax breaks for businesses and individuals. With the fiscal year already…


Donald Trump is often described as an “unconventional” candidate. On the federal budget, however, his campaign promises are entirely too conventional. As Concord Coalition Executive Director Robert L. Bixby writes in a new blog post, some candidates deny the necessity…


Donald Trump is often described as an “unconventional” candidate. When it comes to the federal budget, however, his campaign promises are entirely too conventional. Some candidates deny the necessity of reforming popular entitlement programs such as Medicare and Social Security.…


In the latest Fiscal Fridays interview, Republican front-runner Donald Trump said that as president he would cut taxes on businesses and the middle class, maintain current Social Security and Medicare benefits, and yet still balance the federal budget in short…


National health expenditures grew more quickly in 2014 than in recent years, according to a new report by actuaries at the Centers for Medicare and Medicaid Services (CMS). While the five previous years saw historically slow growth, in 2014 spending…

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