#Federal Budget

Residents of Rockford, Illinois recently joined U.S. Rep. Cheri Bustos and The Concord Coalition to discuss the nation’s fiscal challenges and participate in an interactive exercise to reduce projected federal deficits over the next 10 years.Dozens of people from across…

Back from its long August recess, Congress must quickly move forward on the task that has eluded it all year: Reaching agreement on plans to fund the government in Fiscal 2015, now only three weeks away.In addition, lawmakers are planning…

Sen. Tom Carper (D-Del.) is challenging his colleagues on Capitol Hill to approve comprehensive, long-term postal reforms rather than simply trying to block the Postal Service’s own consolidation plans.Unfortunately, Congress has failed for years to pursue such reforms, creating a…

Projected budget deficits and the growth of the federal debt loom over nearly every policy issue in Washington. So it is important for ordinary citizens as well as elected officials to focus on federal budget issues -- and to push…

Although Congress has failed for years to pass postal reform legislation, dozens of senators are now trying to block the U.S. Postal Service’s own cost-saving efforts. Last week the Postal Service reported third-quarter losses of $2 billion, up from $740…

Congress just began its long August recess without approving a single regular spending bill for Fiscal 2015, now less than two months away. While that’s troubling enough, lawmakers this summer have continued to neglect the nation’s long-term fiscal difficulties as…

The government made an estimated $105.7 billion in improper payments last year, including $62.2 billion for health care, the Government Accountability Office (GAO) says.Beryl Davis, a GAO official, discussed the problem before a House sub-committee last week. Officials from the…

Despite a strengthening economy, the administration’s Mid-Session Review budget projections show little change in the overall fiscal outlook.The report, released Friday, anticipates a deficit for the current fiscal year of $583 billion, down $66 billion from the administration’s March projection.…