The Medicare and Social Security trustees warned again Monday that Congress must act soon to make the programs more sustainable.In their 2014 report, the trustees said they were most immediately concerned about Social Security’s Disability Insurance program, which under current…
With hope gone for completing the regular budget process this year, Speaker John Boehner said last week that the House would wait until September to take up a continuing resolution that would keep the government open after the end of…
A Federal Reserve economist says her research supports theories that suggest intense political partisanship can lead to higher federal deficits as well as weaker economic growth.Marina Azzimonti, an economist at the Federal Reserve Bank of Philadelphia, searched newspapers between 1891…
The Senate Appropriations Committee approved a $549 billion defense bill last week that leaves out many of the savings proposed by military leaders.The bill, for example, would preserve weapons systems the Pentagon has not requested or wants to retire, including…
