The Government Accountability Office (GAO) has issued its third annual report detailing how Washington could save tens of billions of dollars a year by reducing fragmentation, overlap and duplication in the federal government. The report also suggests improvements to enhance…
Congress plans to hold dozens of hearings this week on President Obama’s proposed budget for Fiscal 2014. Ideally, his proposals will be considered through a House-Senate conference committee as it works on a joint budget resolution.“While elected officials have made…
Annual inflation increases are an important part of many government programs, including Social Security. Inflation protection is also provided in many parts of the tax code. But several advocates of fiscal reform – including the bipartisan National Commission on Fiscal…
Most plans to put the federal budget on a more sustainable path make a crucial assumption: That today’s younger workers will pay more of their own retirement costs than previous generations have. By setting aside more money for retirement, the…
