#Congress

As Congress returns from its July 4th recess, below are some of the budget stories we have been following since the last edition of the Washington Budget Report (sign up here) was published. (more…)

Imagine if Congress held a vote in the next few months on a bill that cut nearly $3.7 trillion in income taxes, added $350 billion worth of loopholes and deductions to the tax code, and increased Medicare spending by $236…

At a time when lawmakers are under public pressure to show greater fiscal responsibility, Congress has chosen to ignore its fundamental duty to pass a budget resolution for the coming year.Instead, some on Capitol Hill are talking about approving a…

A Washington Post editorial today sums up a bunch of different strands of thinking about the federal budget that Concord has been writing about and talking about a lot recently. (more…)

The Obama administration sent a letter to Congress over the weekend requesting $50 billion in spending to support the economy. This request will likely affect negotiations in the Senate and House over legislation extending some current spending policies and tax…

Deficits remain a big focus in Washington as President Obama, Federal Reserve Chairman Ben Bernanke and members of Congress in both parties have struggled to find the right balance between nurturing the economic recovery and demonstrating fiscal responsibility.But timing is…

Before leaving Washington for the Memorial Day recess, the House passed a scaled back version of a bill extending several tax and spending provisions while the Senate passed a supplemental appropriations bill, though neither bill cleared both chambers. This has…

Public concern about the nation’s rising debt burden is beginning to have an impact on the legislative agenda. That much was evident as the House passed a scaled back “extenders” bill (H.R. 4213) on May 28 by a slim margin.…