Members of the Republican Study Committee and the Senate Steering Committee have proposed legislation to cut $2.5 trillion in spending over 10 years -- cuts that go beyond those proposed by House Republican leaders or President Obama.Non-security discretionary spending (which…
Last week President Obama called for an additional $50 billion in infrastructure spending, which he argued would create jobs and help the nation to compete in the global economy. It is encouraging that the administration has said that it will…
Below are several developments we have been following since the last edition of the Washington Budget Report (sign up here) was published. (more…)
Congress late last week agreed to extend the so-called “Doc Fix” for five months at a cost of $6 billion. But a permanent fix would cost around $210 billion over 10 years. And the longer we wait for a permanent…
