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Budgets proposed by President Obama and House Budget Chairman Paul Ryan have received considerable attention in Washington this year. But both have serious shortcomings and lack bipartisan support. (more…)


WASHINGTON -- The Concord Coalition today commended Senate Budget Committee Chairman Kent Conrad for proposing a comprehensive fiscal reform plan ba (more…)


The Treasury Department last week reported that the federal deficit for the first half of Fiscal 2012 totaled nearly $779 billion, roughly $50 billion less than a year ago.Between Oct. 1 and the end of March, the government took in…


As a recent Chicago Tribune editorial noted, most House members chose last month to “put partisanship above progress on the nation’s debt” by supporting budget plans favored only by one party or the other. But 38 lawmakers voted for bipartisan…


On Capitol Hill this week, several House committees are scheduled to begin making some of the policy decisions necessary to comply with the House budget resolution.To replace savings from the automatic cuts required by last year’s Budget Control Act, the…


On Friday President Obama signed legislation to extend surface transportation programs for an additional 90 days. Earlier last week, the House passed the extension on a 266-158 vote and the Senate passed the bill by voice vote. The previous authorization…


Although spending cuts in last year’s Budget Control Act (BCA) lead to an improved fiscal outlook, the Government Accountability Office (GAO) reminded policymakers this week that the larger long-term budget challenges remain.The law targets discretionary spending and, under two different…


A fiscal reform plan based on comprehensive recommendations by a bipartisan majority of the Simpson-Bowles commission made it to the House floor last week, where 22 Democrats and 16 Republicans joined to give it their support. Although a House majority eventually…


A rare display of bipartisan fiscal cooperation broke out on Capitol Hill last week when 38 House members (22 Democrats and 16 Republicans) braved an onslaught of interest group pressure to vote in favor of a budget resolution designed to…


WASHINGTON -- The Concord Coalition today praised a bipartisan deficit-reduction plan in the House that is based on principles outlined by the Simpson-Bowles commission. (more…)


House lawmakers this week are considering the 2013 budget proposed by Rep. Paul Ryan (R-Wis.) as well as alternatives that were put forth yesterday by House Democrats, the Republican Study Committee, the Congressional Black Caucus, the Congressional Progressive Caucus and…


In a 74-22 vote last week, the Senate passed a two-year highway bill authorizing about $109 billion in spending. The previous authorization bill was enacted in 2005 and expired in 2009. Since then Congress has approved several extensions, and the…

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