House Budget Committee Chairman Paul Ryan today released a budget plan that promises to cut projected deficits by more than $1.6 trillion over the coming decade. While this is a serious and commendable effort, the plan’s policy mix is unlikely…
Alice Rivlin of the Brookings Institution focused on the importance of Medicare reform in testimony to both the Senate and House budget committees last week, suggesting that the program should shift to a "premium support" model beginning in 2018.Under such…
Congress averted a government shutdown last week by passing a new continuing resolution (CR) that funds agencies through March 18. President Obama signed the resolution into law on Wednesday.Concerns about a shutdown had increased when the House originally passed a…
A government shutdown became more likely last week as the House passed a new continuing resolution (CR) opposed by President Obama and Senate Democrats. In a process that lasted most of the week, nearly 600 amendments were offered during over…