Congress will return from its long August recess without having passed a single one of the 12 appropriations bills needed for Fiscal 2016, which begins Oct. 1. Lawmakers are planning to fall back on a continuing resolution -- a stop-gap…
Competing House and Senate plans to stave off insolvency for the Highway Trust Fund have lawmakers scrambling to reach an agreement before Friday, when transportation programs expire and federal officials say the fund’s low balance will trigger payment delays and…
The message from the Social Security and Medicare trustees last week could not have been more blunt: the two programs’ long-term costs “are not sustainable with currently scheduled financing and will require legislative action to avoid disruptive consequences for beneficiaries…
The White House has released its mid-year budget projections, saying they confirm that President Obama’s fiscal plan would stabilize the deficit within a few years without short-changing important, growth-oriented investments. The Mid-Session Review, which adjusts budget estimates for recent legislative…
