#Federal Budget

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With a sharp drop in the federal deficit last year and voters disgusted with Washington’s budget showdowns, there is a broad consensus among elected officials in both parties to shift the political spotlight away from fiscal reform efforts for a…


The State Budget Crisis Task Force says some federal deficit-reduction efforts have aggravated structural problems in the budgets of state and local governments that they have done little to address.Former Federal Reserve Chair and Concord Coalition board member Paul Volcker…


The $1.1 trillion spending bill for Fiscal 2014, signed into law late last week by President Obama, demonstrates that compromise and bipartisan cooperation are still possible in Washington -- so long as the two parties set a very low bar…


Many state and local governments have done little to address growing structural problems in their budgets that have been aggravated by federal deficit-reduction efforts, according to the State Budget Crisis Task Force.The bipartisan organization released its final report last week,…


Lawmakers hope to finally finish work this week on a $1.012 trillion spending package for Fiscal 2014, which is already three and a half months old. After a number of policy disputes were worked out last weekend, House and Senate…


A new report by the Office of the Actuary at the Centers for Medicare and Medicaid Services (CMS) found that health care spending over the past four years grew at the slowest rate recorded in more than half a century.…


Congress kicked off the second session of the 113th Congress this week with elected officials still haggling over long-term unemployment compensation while appropriators rushed to complete long-overdue spending legislation.This morning the Senate narrowly voted to proceed with debate on a…


Insurance policies sold on the Affordable Care Act (ACA) exchanges went into effect Jan. 1 after a three-month open enrollment period marked by problems on the government’s Healthcare.gov website.The federal government is operating insurance exchanges, also called “marketplaces,” for 36…


As the country celebrated the new year, Supreme Court Chief Justice John Roberts completed a holiday tradition of his own by calling for more funding for the judicial system.“The budget remains the single most important issue facing the courts,” he…


Residents of the Quad Cities community on the Iowa-Illinois border showed their support for improving America’s long-term fiscal outlook in two recent budget exercises hosted by Rep. Cheri Bustos (D-Ill.) and facilitated by The Concord Coalition.As in similar exercises that…


Federal investment totaled $531 billion in 2012, amounting to 15 percent of all federal spending and 3 percent of the gross domestic product, according to a new report by the Congressional Budget Office (CBO).While such spending has kept up with…


Hoping to meet a Jan. 15 deadline for congressional action, lawmakers responsible for appropriations and their staffs are rushing to put together detailed spending plans for the 3-month-old fiscal year.Agreement on a compromise budget plan, which President Obama signed Thursday,…

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