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The nation’s current fiscal path threatens to leave future generations of Americans with less opportunity and reduced prosperity, according to a staff memorandum in advance of a timely House hearing today on the consequences of a large and rising federal…

Personal savings are an essential part of good retirement planning, particularly as the needs of an aging U.S. population put increasing strain on the federal budget. Workers can expect to need substantial amounts of money to help pay their living…

WASHINGTON -- A panel discussion this Thursday morning on Capitol Hill will focus on the breakdown of the federal budget process and offer possible solutions that could put the country on a more responsible fiscal path. The non-partisan Concord Coalition…

A bad idea in both President Obama’s Fiscal 2015 budget and Ways and Means Chair Dave Camp’s (R-Mich.) tax reform plan is to use one-time revenue from changes to the corporate tax system to shore up the Highway Trust Fund.Unless…

The House has passed a bill to reform Medicare payments to providers but doomed the legislation by attaching a 5-year delay in the Affordable Health Care’s individual mandate. A dozen Democrats joined the Republican majority in approving the bill Friday…

A bipartisan plan in the Senate to extend emergency unemployment benefits could provide badly needed assistance for individuals and avoid a dampening effect on the economy. Unfortunately, the proposed financing of the 5-month extension is flawed.Sponsors say the legislation would…

The latest Financial Report of the U.S. Government shows that despite recent lower deficits, long-term fiscal policy remains on an unsustainable course.The annual report, released by the Department of the Treasury, says that despite cuts to discretionary spending and increased…

President Obama’s budget for Fiscal 2015 includes new proposals that would exceed the discretionary spending caps that he and Congress approved only months ago. This would set a bad precedent for ignoring budget caps.The Ryan-Murray agreement in December set discretionary…