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The Congressional Budget Office (CBO) recently emphasized the need for lawmakers to soon address the revenue shortfall in the Highway Trust Fund, which must otherwise stop some payments for ongoing projects later this summer.Congress, however, is still struggling to find…

Higher education costs have been in the spotlight recently as President Obama and Sen. Elizabeth Warren (D -Mass.) have pushed loan refinancing plans to ease the debt burden facing many young Americans and their parents.While refinancing loans could help, a…

The Congressional Budget Office (CBO) cost estimate for the Senate’s expansion of veterans’ health care has been getting a lot of attention from budget groups and members of Congress. (more…)

MANCHESTER, N.H. -- Two of the most active proponents of bipartisan congressional action on the nation’s debt -- former U.S. Senator Judd Gregg of New Hampshire and former Pennsylvania Governor Ed Rendell -- will provide a clear, candid analysis of…

The Overseas Contingency Operations (OCO) account, which funds combat missions abroad, is exempt from discretionary spending caps. As this part of the Pentagon’s budget begins to take shape for the coming year, policymakers must resist the temptation to use the…

Personal financial worries and the federal government’s growing debt cloud the future of younger Americans, who often seem neglected in Washington.“As more and more baby boomers retire, younger Americans are expected to help sustain entitlement programs and, eventually, help lower…

House Lawmakers returned to their old habits during a markup of the $570.4 billion defense appropriations bill, protecting expensive weapons projects favored by lawmakers while ignoring many of the cost-saving initiatives the Pentagon proposed in its Fiscal 2015 budget request.Like…

A new prescription drug has the potential to upend the nation’s health care system and dramatically increase costs for federal health care programs and state budgets.The drug, called Sovaldi, is a highly effective treatment for Hepatitis C -- an infectious…