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WASHINGTON -- The Concord Coalition today welcomed the proposed House budget resolution for its goal of reining in future deficits but cautioned against assumptions of reduced spending that are vague and unrealistic, and against revenue projections that are at odds…

In less than three months, the highway bill enacted last July will expire and the program’s trust fund will face imminent depletion. (more…)

After a 13-month hiatus, the debt limit is set to return to the national spotlight when it will be reinstated Monday and raised to the debt’s current level. What the Treasury Department calls “extraordinary measures,” however, would allow the government…

The New Democrat Coalition -- 46 House members who describe themselves as the "pro-growth, fiscally responsible wing of the Democratic Party" -- announced a new platform last week designed to strengthen the role of moderates in Congress. The platform, dubbed…

The New Democrat Coalition, a group of 46 House members who describe themselves as the "pro-growth, fiscally responsible wing of the Democratic Party,"

The House will reportedly vote soon on legislation that would fund the Homeland Security Department for the rest of Fiscal 2015 without reversing President Obama’s immigration policies. While this development angered some conservatives, House approval would presumably break the logjam…

A hearing by the House Ways and Means Social Security subcommittee last week drew attention to the impending insolvency of the Disability Insurance (DI) trust fund in 2016. The hearing featured testimony from Charles Blahous, a public trustee for Social…

Keith Hall, who served as chief economist for President George W. Bush’s Council of Economic Advisers, will become director of the Congressional Budget Office (CBO) April 1. The appointment was announced last week by the chairmen of the congressional budget…