Updated projections by the Congressional Budget Office indicate the federal deficit in Fiscal 2016 will total $534 billion, nearly $100 billion higher than last year but $10 billion lower than CBO’s January estimate. After declining for several years as the…
House leaders head back to the drawing board after failing to convince reticent lawmakers to support a budget resolution that adheres to discretionary spending levels set in last fall’s budget agreement. House Budget Chair Tom Price’s (R-Ga.) proposal to offset…
ATLANTA -- David M. Walker and Robert L. Bixby, two of the nation’s leading experts on the growing federal debt, will speak at noon today in Atlanta on the need for sweeping budget reforms in Washington and why this year’s…
WASHINGTON -- The Concord Coalition said today that while President Obama’s proposed budget would lower projected deficits and keep the debt stable as a share of the economy over the next 10 years, it would do so with a mix…