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Lawmakers continue to haggle over everything from immigration to a reauthorization of the terrorism risk insurance program as they approach a deadline this Thursday to approve long-overdue spending legislation for Fiscal 2015, which began Oct. 1.For the last two months,…

Last year saw the slowest growth in national health care spending since 1960, when such data was first recorded, according to a new report by actuaries at the Centers for Medicare and Medicaid Services (CMS). Spending grew by 3.6 percent,…

UPDATED DECEMBER 16**A video of the program can be viewed here. (more…)

Lawmakers are unfortunately focusing on renewing several expired tax provisions, mainly benefiting businesses, without offsetting the lost revenue. Initially, lawmakers were negotiating a much larger deal that would have made several expired provisions permanent while extending many others for one…

With federal spending legislation set to expire next week, appropriators continue to work on a tardy “omnibus” plan for the rest of Fiscal 2015. Republican leaders are weighing their options for using the spending bill in some way short of…

Lawmakers are now focusing on extending a series of tax provisions mainly benefiting businesses for one year after a much larger deal that would have added hundreds of billions of dollars to the deficit collapsed last week. (more…)

The federal agency that insures pension benefits ran a record deficit of $62 billion in Fiscal 2014, up from $36 billion in 2013, and is warning of difficult times ahead. In its recently released annual report, the Pension Benefit Guaranty…

Members of Congress went home for their Thanksgiving break amid growing doubts about whether they will be able to pass appropriate budget legislation before the end of the year. Lawmakers should have passed a dozen spending bills for Fiscal 2015…