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Tax writers in the House and Senate are considering legislation to retroactively extend a number of tax provisions that expired at the end of last year. These provisions -- collectively known as “tax extenders” -- are temporary measures that, like…


House Democrats released a proposed 10-year budget Monday that would protect non-defense spending from steep cuts but cause federal deficits to rise for several years in the coming decade.Relative to the Congressional Budget Office baseline, it would reduce deficits by…


Today the House Budget Committee is considering Chairman Paul Ryan’s proposed budget for Fiscal 2015 -- a document that lays out Republican priorities but does not represent a realistic blueprint for progress towards a fiscal sustainability plan.Concord Coalition Executive Director…


The President signed a measure yesterday that postpones sharp cuts in Medicare payments to health care providers for another year. This represented an unfortunate end, for now, to the bipartisan effort to find a permanent replacement for Medicare’s Sustainable Growth…


In a congressional hearing last week, several budget experts urged lawmakers to address the unsustainable growth in the federal debt through balanced deficit-reduction measures.The experts told the House Financial Services Committee that rising medical costs and the needs of an…


Although elected officials must make politically difficult choices to put the government’s finances on a sustainable path, some reforms in the congressional budget process could help.And as several budget experts made clear in a recent panel discussion on Capitol Hill,…


The nation’s current fiscal path threatens to leave future generations of Americans with less opportunity and reduced prosperity, according to a staff memorandum in advance of a timely House hearing today on the consequences of a large and rising federal…


WASHINGTON -- A panel discussion this Thursday morning on Capitol Hill will focus on the breakdown of the federal budget process and offer possible solutions that could put the country on a more responsible fiscal path. The non-partisan Concord Coalition…


A bad idea in both President Obama’s Fiscal 2015 budget and Ways and Means Chair Dave Camp’s (R-Mich.) tax reform plan is to use one-time revenue from changes to the corporate tax system to shore up the Highway Trust Fund.Unless…


The House has passed a bill to reform Medicare payments to providers but doomed the legislation by attaching a 5-year delay in the Affordable Health Care’s individual mandate. A dozen Democrats joined the Republican majority in approving the bill Friday…


A bipartisan plan in the Senate to extend emergency unemployment benefits could provide badly needed assistance for individuals and avoid a dampening effect on the economy. Unfortunately, the proposed financing of the 5-month extension is flawed.Sponsors say the legislation would…


House Ways and Means Chair Dave Camp (R-Mich.) remarked recently that there are some similar ideas in the tax reform proposals that he and President Obama have suggested. Normally overlap between Republican and Democrat ideas is a welcome occurrence. (more…)

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