Senate Majority Leader Harry Reid and Senate Republican Leader Mitch McConnell continue to work on a plan that would let President Obama raise the federal debt limit in increments while allowing congressional Republicans to repeatedly vote against the increases.Recent reports…
Senate Budget Committee Chairman Kent Conrad (D-N.D.) outlined a budget framework Monday that he said would reduce deficits by $4 trillion between 2012 and 2021.Democrats on the committee developed the framework, which Conrad presented in a speech on the Senate…
This originally appeared on The American Square at http://theamericansquare.org/profiles/blogs/go-long (more…)
The Congressional Budget Office (CBO) released projections last week that Concord Coalition Executive Director Robert L. Bixby said confirms that federal finances “are on an unsustainable course that threatens our economic future, risks turmoil in the financial markets, and burdens…