Lawmakers struggling with the Fiscal 2014 budget will face an even tougher challenge funding the government in future years as interest payments rise to record levels, squeezing other parts of the budget and making it more difficult to quell rising…
Syria is not the only challenge Congress faces as it returns to Washington from its August recess. Monday was the first of only nine legislative days that both the Senate and House of Representatives will be in session before the…
For those who follow the credit rating agencies’ assessments of the United States, the past several weeks have offered mixed messages. Overall, some improvement has been noted, mostly due to the steadily improving economy and the declining deficit. Concerns remain,…
Last Friday the Congressional Budget Office released its scoring of the President’s budget using CBO’s own baseline and economic projections.The bottom-line results confirm the overall composition of spending and revenues projected by the President’s Office of Management and Budget (OMB)…
