News Archives - Page 95 of 192

Blogs

CBO Report Shows Need for Social Security Reform

Dec 24, 2013

Opponents of Social Security reform argue that Social Security has nothing to do with the federal deficit, and that any problems the system may have are decades away.Since 2010, however, Social Security has actually been running cash deficits. A new…

Blogs

A Holiday Rush on Overdue Federal Budget

Dec 24, 2013

Hoping to meet a Jan. 15 deadline for congressional action, lawmakers responsible for appropriations and their staffs are rushing to put together detailed spending plans for the 3-month-old fiscal year.Agreement on a compromise budget plan, which President Obama signed Thursday,…

Blogs

Aging Population, Health Care Squeeze Rest of Budget

Dec 17, 2013

The federal debt held by investors and foreign countries amounts to 72 percent of the country’s Gross Domestic Product. Except for a short period around the end of World War II, that's the highest level in U.S. history.And although the…

Blogs

Senate Advances Budget That Still Leaves Much To Do

Dec 17, 2013

The Senate today cleared the way for the expected passage of a two-year budget plan that could avoid a government shut-down next month but reduces the deficit only slightly over the next decade and fails to deal with many critical…

Blogs

Instead of Business as Usual, Tax Extenders Will Expire at End of the Year

Dec 13, 2013

Unlike the past few years, the recent budget agreement has smoothed the way for Congress to recess for its winter break well before Christmas. That has left some traditional end-of-year legislation out in the cold. (more…)

Press Releases

Washington Must Follow Up Budget Deal With Larger Fiscal Reforms

Dec 12, 2013

WASHINGTON--Elected officials must follow up the new two-year budget deal with much larger efforts to put the nation’s finances on sounder long-term footing, according to Robert L. Bixby, executive director of The Concord Coalition.“The question is whether this is the…

Blogs

The Budget Deal: A Beginning or the End?

Dec 12, 2013

President Obama hailed the two-year budget deal reached by House Budget Committee Chair Paul Ryan (R-Wis.) and Senate Budget Committee Chair Patty Murray (D-Wash.) as a “good first step.” If he meant a good first step toward broader reforms needed…

Blogs

Properly Financed, Jobless Aid Can Boost Economy

Dec 10, 2013

Extending emergency unemployment compensation for another year would add 200,000 jobs to the economy but would carry a one-year price tag of $25 billion, according to a new analysis by the Congressional Budget Office (CBO).Democrats and Republicans this week continued…

Blogs

Once Again, Congress Reluctant to Pursue Big Reforms

Dec 10, 2013

Congressional negotiators are reportedly moving towards a limited budget agreement that would avoid another government shutdown but generally fails to pursue substantial fiscal reforms.A budget conference committee was given until this Friday to come up with a belated compromise plan…

Blogs

Conference Speakers Urge Long-Term Perspective

Dec 9, 2013

In addition to making short-term budget decisions, elected officials must do a better job than they have this year in confronting the nation’s larger, long-term fiscal challenges.Budget experts, lawmakers and former members of Congress expressed that theme as they discussed…

Blogs

Responsibly Financed Extension of Long-Term Unemployment Benefits Can Boost Economy

Dec 6, 2013

Extending emergency unemployment compensation for another year would add 200,000 jobs but carries a price tag of $25 billion, according to an analysis released recently by the Congressional Budget Office (CBO). (more…)

Blogs

To Prevent Future Crises, Budget Experts Say, Washington Must Step Up Its Game

Dec 4, 2013

If the recent past is any indication of how elected officials will deal with the country’s short- and long-term fiscal challenges, Americans – and especially younger ones – are in trouble. Washington will have to step up its game. And…

The Latest

CBO Report Shows Need for Social Security Reform

A Holiday Rush on Overdue Federal Budget

Aging Population, Health Care Squeeze Rest of Budget

Senate Advances Budget That Still Leaves Much To Do

Instead of Business as Usual, Tax Extenders Will Expire at End of the Year

Washington Must Follow Up Budget Deal With Larger Fiscal Reforms

The Budget Deal: A Beginning or the End?

Properly Financed, Jobless Aid Can Boost Economy

Once Again, Congress Reluctant to Pursue Big Reforms

Conference Speakers Urge Long-Term Perspective

Responsibly Financed Extension of Long-Term Unemployment Benefits Can Boost Economy

To Prevent Future Crises, Budget Experts Say, Washington Must Step Up Its Game

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