#Federal Budget

Who says that Democrats and Republicans can't reach a grand bargain? Harry Reid and Paul Ryan seem to have it figured out. If Democrats and Republicans don’t demand compromises from each other, everyone can get along. It’s the perfect political grand…

With last week’s passage of a short-term Continuing Resolution funding the government and a debt limit increase, elected officials gave themselves a tight set of deadlines to finally put together a budget plan that might consider more structural, long-range fiscal…

Spurred by a Thursday deadline to avoid risking a federal default, Senate leaders said yesterday that they were finally making progress towards a bipartisan agreement to raise the federal debt limit and end the government shutdown.Reports this morning, however, said…

Reflecting the sour public mood towards Washington, a panel of experts on the federal budget described themselves Thursday night as worried, puzzled, frustrated and disappointed as the fiscal stalemate dragged on. They faulted top political leaders and other elected officials…

The federal shutdown over the 2014 budget continues amid growing concern among economists, investors, business executives, foreign leaders and others that Washington is also deadlocking over the federal debt limit -- raising the possibility that financial markets could fall sharply…

Lawmakers struggling with the Fiscal 2014 budget will face an even tougher challenge funding the government in future years as interest payments rise to record levels, squeezing other parts of the budget and making it more difficult to quell rising…

The federal government began a partial shutdown today because it lacked a budget for the new fiscal year, raising concerns about whether Washington has become so dysfunctional that it might also fail to raise the federal debt limit before the…

Federal spending on everything other than major health care programs (Medicare, Medicaid, and the Children’s Health Insurance Program), Social Security and net interest--will decline to historically low levels as a share of GDP in the next few decades, according to…