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…
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…
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…
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…