On its current path, the $18.1 trillion debt is projected to rise to nearly $27 trillion -- and perhaps even more -- by 2025. “Rising interest payment on the debt, along with higher entitlement spending, more health care costs and…
With a particularly destructive wildfire season this year, the U.S. Forest Service is struggling with the cost of firefighting operations -- and warning Congress of even more difficult times ahead. “In 1995, fire made up 16 percent of the Forest…
The Congressional Budget Office (CBO) has released updated projections that reinforce the need for presidential candidates to explain how they would curb the federal debt over the next decade. “Even with declining short-term deficits and slowing health care costs, Washington…
Congressional partisanship and inaction have often dismayed advocates of responsible fiscal policies in recent years. Phil LaRue, director of government relations for The Concord Coalition, points to examples such as the breakdown of the budget process and debt-limit showdowns that…
