#Congress

President Obama offered his deficit-reduction recommendations to the congressional super committee on Monday, urging the panel to find both spending cuts and additional tax revenue to far exceed its assigned goal.Obama put Medicare and Medicaid on the negotiating table, giving…

With less than three weeks remaining in the fiscal year, Congress is heading towards another failure to complete the budget process. None of the twelve FY 2012 appropriations bills have been enacted. The House has passed six bills, and the…

President Obama yesterday sent Congress the American Jobs Act, a set of proposals that he says will provide both a short-term boost for the economy and a basis for bipartisan cooperation that could help restore public confidence in Washington.The President…

It is not inconsistent to provide effective short-term support for the economic recovery while laying the groundwork for long-term deficit reduction. To do so, however, Washington will have to move beyond the inflexibility and partisan vitriol of the recent debt…

After Republicans and Democrats on the new super committee held separate discussions last week, the co-chairs announced that the full panel would hold its first meeting this Thursday. It is expected to focus on organizational issues and opening statements from…

President Obama plans to speak to Congress Thursday night on ways to bolster the struggling economy while still trying to improve the nation’s long-term fiscal outlook.In his request to address Congress, which returns this week from its August recess, Obama…

Although the new congressional super committee has not yet met, its co-chairs say panel members are busy “reviewing the deficit reduction work that many others have engaged in over the past several years.”The committee’s leaders, Sen. Patty Murray (D-Wash.) and…

WASHINGTON -- The Concord Coalition today said that updated budget projections by the Congressional Budget Office (CBO) demonstrate a potential path for bringing spending and revenues closer together over the next 10 years. But the projections also underscore the need…