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…
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…
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…
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…
