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There were no big surprises in the latest Long-Term Outlook from the Congressional Budget Office (CBO). No real surprises, either, in this summer’s annual reports from the trustees who oversee Medicare and Social Security. “And that’s the problem,” say John…


A new report on the financial assets of older Americans highlights the need for many people to save more money to avoid running short in retirement. Between 2010 and 2012, more than a fifth of the Americans who died at…


This year’s Economic Report of the President cheers 2014 as a “breakthrough year” for the country’s recovery and advocates policies that the administration says will encourage further growth and strengthen the middle class. “The unemployment rate plunged to its lowest…


New federal budget projections show that under current law $7.6 trillion could be added to the nation’s debt over the coming decade -- or perhaps as much as $9.5 trillion, if more realistic assumptions are made about future policy decisions.…


Tonight’s State of the Union address will kick off a new season of discussion and debate over the nation’s fiscal situation and possible budget reforms to curb the rising federal debt while still supporting economic growth. Ideally, the President will…


The 114th Congress convenes today with Republicans controlling both the House and Senate for the first time in President Obama’s presidency, underscoring the importance of bipartisanship in dealing with the nation’s key fiscal challenges. These challenges remain significant, despite the…


WASHINGTON -- Former U.S. Senators J. Robert Kerrey and John C. Danforth today released an update of a 1994 commission report on entitlement and tax reform and called on Americans -- particularly presidential hopefuls -- to quickly address the nation’s…


Twenty years ago a bipartisan commission on entitlement and tax reform headed by Senators J. Robert Kerrey (D-Neb.) and John C. Danforth (R-Mo.) reached a strong consensus that “current trends are not sustainable.” In a new guest column in The…


A recent Des Moines Register poll shows that Democrats and Republicans have very different opinions on the relative importance of the federal deficit versus unemployment and jobs. Among likely Iowa caucus-goers, 23 percent of Republicans ranked the deficit as the…


An interesting poll this month in the Des Moines Register shows that Democrats and Republicans have very different opinions on the relative importance of the federal deficit versus unemployment and jobs as campaign issues. It might be, however, that the two…


With the economy continuing its slow recovery, the administration’s Mid-Session Review budget projections released on Friday show little change in the overall outlook. (more…)


The Bipartisan Policy Center (BPC) launched its Personal Savings Initiative at a press conference Wednesday featuring former Senate Budget Committee Chairman Kent Conrad (D-N.D.) and Jim Lockhart, former deputy commissioner of the Social Security Administration.Lockhart and Conrad will chair an…

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