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Congress returned from recess Monday confronted by rapidly approaching fiscal deadlines. The Senate and House will both be in session only eight more days before the fiscal year ends Sept. 30. Lawmakers will need to quickly approve a spending plan…


Syria is not the only challenge Congress faces as it returns to Washington from its August recess. Monday was the first of only nine legislative days that both the Senate and House of Representatives will be in session before the…


Fiscal Year 2013 is drawing to a close with a projected federal deficit of a little over $640 billion, marking the end of a four-year string of trillion-dollar-plus deficits.While that change is good news, our fiscal worries aren’t over. Although…


This year will mark the end of a four-year string of trillion-dollar-plus federal deficits that have troubled the American public and caused turmoil on Capitol Hill. (more…)


Recent developments in Washington have demonstrated both the difficulty of achieving a grand bargain on fiscal reform and why it may still be possible.It became apparent last week that the House and Senate have made no progress on resolving their…


Last week Defense Secretary Chuck Hagel released a four-month Pentagon review that said the budget sequester cuts would jeopardize some areas of military strategy. Under sequester-level spending reductions, he said, “our military options and flexibility will be severely constrained.”The Strategic…


Congress has begun a recess that runs through early September despite completing no appropriations bills and making no progress towards a budget resolution conference.Lawmakers have failed to reconcile the overall spending levels set by the Democratic-controlled Senate and Republican-controlled House.…


Developments on the budget front last week demonstrated both the difficulty of achieving a grand bargain and why it may not be totally out of reach. First, the difficulty. (more…)


A new Congressional Budget Office (CBO) report makes clear that the failure of elected officials to agree on a responsible alternative to sequestration’s indiscriminate spending cuts will cause immediate damage to the economy. The report also shows, however, that ending sequestration…


Members of Congress may soon be heading home for their August recess with little to show in the way of progress on the federal budget. Congress has yet to pass a single appropriations bill to fund government agencies beyond Sept.…


WASHINGTON -- The Concord Coalition today praised the bipartisan leadership of Senators John Thune (R-SD) and Tim Kaine (D-VA) for introducing the “INFORM Act,” a legislative proposal that would improve federal budgeting by providing a more complete picture of the…


The House passed a farm bill last week after its first attempt failed at the end of June. To get more Republican votes, all funding for the food stamp program was removed from the legislation -- funding which made up…

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