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Advocates of fiscal reform are reiterating their calls for bipartisan cooperation and compromise in the wake of national elections that left Democrats in control of the White House and the Senate, and Republicans in control of the House.“The status-quo election…


Young people around the country have voiced growing interest in the debate over the federal budget and fiscal reform. That’s appropriate because they have so much at stake. (more…)


Alarmed about the impact that federal budget problems could have on other levels of government, state and local officials have become increasingly vocal this year in calling for constructive action in Washington. (more…)


The Congressional Budget Office (CBO) has once again warned lawmakers of the potential economic damage of failing to act on the “fiscal cliff” -- the combination of automatic spending cuts and expiring tax cuts scheduled to begin in January.If these…


Example isn’t the main thing in influencing others – it is the only thing. – Albert Schweitzer Increasingly alarmed by the nation’s deteriorating fiscal outlook and the failure of our political system to produce timely, common sense solutions, some state…


Congratulations to the Election Day winners. So what do Tuesday's results mean for the fiscal outlook? Think of it this way. If the country is on an unsustainable fiscal path, which it is, and if continued partisan bickering will not…


This is Part II of a two-part series of posts on the presidential candidates' fiscal policies. Part I examines Governor Romney's plans. (more…)


This is Part I of a two-part series of posts on the presidential candidates' fiscal policies. Part II examines President Obama's plans. As election day approaches, it is appropriate to look at what we know and what we don’t know…


The Fix the Debt campaign has announced the formation of its CEO Council, a group of more than 100 business leaders who are part of the campaign’s efforts “to raise public awareness about America’s out-of-control national debt and urge policymakers…


Washington could avoid the year-end “fiscal cliff” by substituting a better approach to long-term budget reform based on the recommendations of two bipartisan panels, according to a Washington Post op-ed this week by two former senators: Sam Nunn, co-chair of…


Executives at 15 of the nation’s largest financial companies are urging Washington to act quickly to avoid the year-end “fiscal cliff” while also taking “concrete steps to restore the United States’ long-term fiscal footing.”“The consequences of inaction – for stability…


The federal deficit for the fiscal year that ended Sept. 30 totaled $1.089 trillion, about $207 billion smaller than in the previous year but the fourth consecutive deficit of more than a trillion dollars. The government took in $2.449 trillion…

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