This afternoon the House is scheduled to consider a continuing resolution (CR) to fund the government through Nov. 18 at the $1.043 trillion level included in the debt limit law. The government is currently operating under a short-term continuing resolution…
A government shutdown was avoided last night when Senate leaders reached agreement on a continuing resolution (CR) to fund the government through Nov. 18 at the $1.043 trillion level included in the debt limit law.Due to a dispute over offsets…
In a new report, the Congressional Budget Office (CBO) has estimated the automatic spending cuts that would occur if the super committee is unsuccessful. The committee has the goal of reducing the deficit by at least $1.5 trillion over ten…
The new congressional “super committee” meets today amid growing pressure from various quarters to look for ways to encourage economic growth while aiming well beyond its assigned goal of $1.5 trillion in deficit reduction.Washington’s debt limit law this summer created…