#Federal Budget

The latest Financial Report of the U.S. Government shows that despite recent lower deficits, long-term fiscal policy remains on an unsustainable course.The annual report, released by the Department of the Treasury, says that despite cuts to discretionary spending and increased…

President Obama’s budget for Fiscal 2015 includes new proposals that would exceed the discretionary spending caps that he and Congress approved only months ago. This would set a bad precedent for ignoring budget caps.The Ryan-Murray agreement in December set discretionary…

President Obama unveiled a proposed 2015 budget Monday that falls short of the credible framework he offered last year for comprehensive, bipartisan fiscal reform.“While there are some positive elements in the President’s plan this year, overall it seems to ratify…

WASHINGTON -- The Concord Coalition expressed disappointment today that President Obama’s proposed 2015 budget shifts the administration’s focus away from the credible framework he offered last year for comprehensive, bipartisan fiscal reform.“While there are some positive elements in the President’s…

Information released so far on the President’s proposed budget for Fiscal 2015 provides a mixed picture on fiscal reform.The administration has unfortunately dropped an earlier plan to save money by switching to a more accurate measure of inflation, but it…

In an analysis of its recent Budget and Economic Outlook, the Congressional Budget Office (CBO) underscores a key point: That growth in health care and retirement programs, together with rising interest payments, will drive projected federal deficits and debt higher…

As we await the full release of the President’s Fiscal Year 2015 Budget, some important specifics have been slowly made public. It looks like this budget, as is usually the case, will contain a mixture of sensible reforms and politically…

Although Congress recently completed its budget process for this fiscal year and took action to avoid another federal debt crisis, Washington has again postponed action on the larger challenge of long-term fiscal sustainability.“Our nation’s future remains at risk,” warns Paul…