The Senate today cleared the way for the expected passage of a two-year budget plan that could avoid a government shut-down next month but reduces the deficit only slightly over the next decade and fails to deal with many critical…
Congressional negotiators are reportedly moving towards a limited budget agreement that would avoid another government shutdown but generally fails to pursue substantial fiscal reforms.A budget conference committee was given until this Friday to come up with a belated compromise plan…
If the recent past is any indication of how elected officials will deal with the country’s short- and long-term fiscal challenges, Americans – and especially younger ones – are in trouble. Washington will have to step up its game. And…
A recent report by the Congressional Budget Office (CBO) found that the Pentagon’s latest five-year plan would cost substantially more than the funding allowed under the sequester caps.Each year the Department of Defense provides Congress with its “Future Years Defense…