With public attention shifting from the party conventions to the fall campaign and the presidential debates that start in early October, advocates of federal budget reform are renewing their calls for more substantial political discussion of the country’s fiscal and…
Defense Secretary Leon Panetta said this week that the nation does not have to “choose between national security and our fiscal security,” but he urged Congress to avoid what he called “disastrous” cuts scheduled to start in January in both…
Time is running short for members of the congressional “super committee,” which has until a week from tomorrow to recommend a plan to reduce projected federal deficits by at least $1.2 trillion over the next decade.In recent days Democratic and…
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…